buy-in

American  

[bahy-in] / ˈbaɪˌɪn /

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.

---

buy in British  

verb

1. (tr) to buy back for the owner (an item in an auction) at or below the reserve price

2. (intr) to purchase shares in a company

3. (intr) to buy goods or securities on the open market against a defaulting seller, charging this seller with any market differences

4. Also: buy into.  informal (tr) to pay money to secure a position or place for (someone, esp oneself) in some organization, esp a business or club

5. to purchase (goods, etc) in large quantities

   to buy in for the winter

---

noun

1. the purchase of a company by a manager or group who does not work for that company

Etymology

Origin of buy-in

Noun use of verb phrase buy in

Example Sentences

When Toiya M. Honoré, a region vice president of marketing and communications at the American Heart Association, sought buy-in from a higher-up to launch an introverts ERG at the association, she stressed the group wouldn’t be introverts-only.

From The Wall Street Journal

When I think about these options for myself, the use case I come up with is that my living situation in retirement is likely to come with a monthly fee of some sort — either for condo maintenance or the buy-in to a retirement community of some sort.

From MarketWatch

To sign the Circle Jerks, he needed buy-in from their now-70-year-old frontman Keith Morris, who also co-founded “Rise Above” band Black Flag.

From The Wall Street Journal

“Very grateful that I had buy-in from him coming in Day 1 never had coached before,” Redick said.

From Los Angeles Times

The buy-in’s objective was to temporarily stall the store’s operation and show the financial contribution that day laborers make to the company — without staging a boycott, which Andiola said the community does not want.

From Los Angeles Times