Buyer
Buyer Type: noun Pronunciation: /by-er/ Also spelled or known as: Purchaser Plural: Buyers Related: Seller What does Buyer mean? 1. A person or organization that purchases products, services, rights, licenses, or other assets. 2. Entertainment Buyer: A professional responsible for selecting and contracting artists, performers, speakers, or other entertainment for venues, festivals, theaters, corporate events, […]
Buyout
Buyout Type: noun, legal term Pronunciation: /buy-out/ Also spelled or known as: Rights buyout, Full buyout Plural: Buyouts What does Buyout mean? A one-time payment made in exchange for ownership or usage rights. A Buyout is a payment arrangement where a creator or rights owner receives a one-time payment in exchange for transferring ownership rights […]
Buyout Fee
Buyout Fee Type: noun Pronunciation: /by-owt-fee/ Also spelled or known as: Buyout Payment Plural: Buyout Fees Related: Flat Fee, Work for Hire, Usage Rights What does Buyout Fee mean? A payment made in exchange for acquiring, settling, or eliminating some or all of another party’s continuing rights, compensation, or contractual interests. In music and entertainment […]