[ bahy-in ]
/ ˈbaɪˌɪn /
an act or instance of buying in.
the deliberate submission of a false bid, too low to be met, in order to win a contract.
Poker. the chips purchased by a player from the banker, occasionally a set amount required to enter a specific competition or game.
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Origin of buy-in
noun use of verb phrase buy in
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for buy-in
(tr) to buy back for the owner (an item in an auction) at or below the reserve price
(intr) to purchase shares in a company
(intr) to buy goods or securities on the open market against a defaulting seller, charging this seller with any market differences
Also: buy into (tr) US informal to pay money to secure a position or place for (someone, esp oneself) in some organization, esp a business or club
to purchase (goods, etc) in large quantitiesto buy in for the winter
the purchase of a company by a manager or group who does not work for that company
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012