repurchase
n. C1 Advanced US //ɹiˈpɝtʃəs// UK //ɹɪpˈɜːtʃɪs// re·pur·chase
n. the act of buying something again, especially when you have already owned it before.
n. the act of purchasing a good or service again, typically by the same consumer or entity.
The repurchase of the old car was a smart decision.
The company's high customer retention rate is largely due to the ease of repurchase through its loyalty program.
Economists often analyze the repurchase of assets to gauge market confidence, as a sudden increase in such activity can signal a recovery in investor sentiment.
From re- + purchase.