Definitions (2)

1. Exporting: Counter-trade arrangement in which an exporter (of tire making machinery, for example) agrees to buy a specified portion of the manufactured goods (tires, in this example) as an incentive to the buyer.
2. Securities: Offer by a firm to repurchase its own shares from the shareholders to (1) to raise the stock's price, (2) remedy over-capitalization, or (3) defend itself against a hostile takeover attempt.

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