also buy-out, "the purchasing of a controlling share in a company," 1976, from verbal phrase buy out "purchase someone's estate and turn him out of it," 1640s, from buy (v.) + [..]

The purchase of an annuity for each member of a scheme which will guarantee pension benefits as nearly as possible equal to those which would otherwise be paid by the scheme.

In publishing and the recording industry, the outright purchase of all legal rights in a work or property from the copyright holder for an agreed sum, as distinct from the payment of royalties over a [..]

A one-time fee paid for voice-over services on a commercial. Common in many non-union situations and industrials, as well as CD ROMs, dubbing, looping and A.D.R. work.

A term used to describe a deal or arrangement where no future royalties or income will be paid to the person being hired. This term is sometimes used when a musician is hired for a non-union recording [..]