Buyout agreement
Term · Law · MLC-T-LAW-000818
A contractual arrangement that outlines the terms and conditions under which one party acquires the ownership interest of another party in a business or asset. This agreement often specifies the valuation method, payment schedule, and triggering events for the buyout, such as retirement or a dispute. It provides a structured process for changes in ownership.
| Identifier | MLC-T-LAW-000818 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000818",
"term": "Buyout agreement",
"field": "Law",
"definition": "A contractual arrangement that outlines the terms and conditions under which one party acquires the ownership interest of another party in a business or asset. This agreement often specifies the valuation method, payment schedule, and triggering events for the buyout, such as retirement or a dispute. It provides a structured process for changes in ownership.",
"url": "https://mlchart.com/terminology/law/buyout-agreement/"
}
Record 624 of 5,441 in Law terminology (MLC-0107). Request the full dataset.