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buy-in

 - 2 dictionary results

buy-in

[bahy-in]
–noun
1. an act or instance of buying in.
2. the deliberate submission of a false bid, too low to be met, in order to win a contract.
3. Poker. the chips purchased by a player from the banker, occasionally a set amount required to enter a specific competition or game.

Origin:
n. use of v. phrase buy in
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

Buy-In

When an investor is forced to repurchase shares because the seller did not deliver the securities in a timely fashion, or did not deliver them at all.

Investopedia Commentary

Those who fail to deliver the securities will be notified with a buy-in notice. Failure to answer the buy-in notice means the broker can buy the securities and deliver them on your behalf. You must then pay back the broker at whatever price.

See also: Sell-Out

Also spelled: BuyIn, Buy In

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