Several times I have met young visiting faculty members who got "bought out" of teaching. This means that some senior professor opened their grant treasure chest and pays money so their younger co-worker needs to teach one course per semester less than usual.
How does that actually work? On the department side, they probably need manpower to offer courses to their students. Does somebody else do the job then (for the money) or what is the background with those buy-outs? Can people buy out themselves? Who can do such things and what are the official and unofficial issues with such a procedure?
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