When you buy out a player's contract, you pay them all or part of the rest of their salary in a lump sum and then release them. In real baseball, each player's contract buyout clause is individually negotiated as part of their contract. Some players must be paid the full salary in their contract, others only a token amount. To simulate this in Baseball Mogul, you must pay the player 50% of the salary remaining on their contract when you choose to release them.

To subcontract for a service that is closely related to the business of the organization. Also called farm out. Work that is bought out or farmed out is sometimes called outwork or referred to as being out of house.

to take over ownership of; -- of corporations and companies.

The acquisition of its own shares by a company with a listing on a stock exchange, either by purchasing them on the open market or by means of an offer to purchase. The aim is to revert to private-company status.

This is the purchase of a company or the controlling interest of the corporations shares.

The process of buying a part from a competitor to fill a customer's order.

See forward buy.