Definitions (2)

1.Contract: The practice of submitting an offer substantially below estimated costs in the hope of escalating the price after award of the contract, or to recover losses from the subsequent contracts.
2.Securities: The purchase of a security to cover a previous sale of the same security. In case the seller is unable to deliver on the due date, the buyer can buy the security from some other seller and the original (defaulting) seller will have to make up the price difference. Also called buying-in.

Use buy-in in a sentence

  • The buy-in amount was sufficient to begin the project which had pleased the vice president of sales involved with this project.

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  • The buy-in strategy was full proof and I knew it was going to work, or we would be out on the street again.

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  • You can try to use a buy-in strategy to help make more profit if you think that it will work in this case.

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