Definition
buyoffs
noun
- plural of buyoff; payments or concessions made to someone to secure their agreement, silence, or withdrawal from a position or claim
Usage: often used in business, politics, or labor contexts; typically implies a settlement or compromise involving money or benefits
Examples
- The company offered generous buyoffs to employees who agreed to early retirement.
- Labor negotiations often involve buyoffs in the form of wage increases or improved benefits.
- The politician's opponents accused him of using buyoffs to gain support.
- Several buyoffs were arranged to settle the contract disputes.
- The union rejected the initial buyoffs and continued negotiations.
- Corporate buyoffs can be an effective way to resolve shareholder conflicts.