Change in control of a company through its previous shareholders being bought out by new owners. These may already be connected with the firm: in a management buy-out the firm is bought by its existing managers. A buy-out may alternatively be by outsiders. Finance may come from the purchasers' own resources, or from loans; in a leveraged buy-out part of the price is raised by fixed-interest loans.

See also:

leveraged buy-out, and management buy-out

• incidence of taxation
• income
• income approach to GDP
• income change, compensating
• income distribution
• income effect
• income elasticity of demand
• income expansion path
• income from employment
• income from self-employment
• income inequality
• income method
• income per capita
• income redistribution
• incomes and prices policy
• incomes policy
• income support
• income tax
• income velocity of circulation
• incomplete information
• incomplete markets
• increase in the book value of stocks and work in progress
• increasing function
• increasing returns to scale
• incremental capital-output ratio