What is EMPLOYEE BUY OUT?

All company employees are allowed to end their relationship with the company for a specified amount of money, usually a lump sum. It may or may not involve management. See also management buy out.

More On This Topic



Link to This Definition
Did you find this definition of EMPLOYEE BUY OUT helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary