Definition of "dump-buyback"
  1. A strategy where the owners of an ailing business establish a new entity to purchase the original business's assets at their liquidation value, either informally with creditor approval, through a public auction, or via an assignment for the benefit of creditors
How to use "dump-buyback" in a sentence
  1. When the restaurant business was failing, the owners considered a dump-buyback to try and recuperate some of their losses.
  2. To save the manufacturing plant, the owners created a dump-buyback plan.
  3. A dump-buyback is sometimes the last-ditch effort entrepreneurs resort to when trying to salvage their failing ventures.

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