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.

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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

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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

Socialize: To share an idea or proposal with key decisionmakers in order to solicit feedback and gain approval or buy-in to make a decision.

From The Wall Street Journal

He adds that he is talking to other parties about his work in the hope of getting cross-party buy-in for his proposals.

From BBC

I think that whatever it is, the technical side, tactical side, we can get better at all that, but if you haven't got a connection and that buy-in and that willingness to want to come with you and follow you, then all the other bits kind of lose their value and you don't get to fulfil all that potential.

From BBC

"We are here to make waves, not ripples. Our Committee Members have been putting in the hard yards over these past nine-months and the surge in interest leading to concrete set-up events and firm commitments is tremendous to see. We have much positive news in the pipeline and during our panel discussion we'll announce three examples representing buy-in with national governments, global scientific institutions and large membership-led organizations."

From Science Daily

To address their concerns, Mr. Albright and Ms. Stricker suggest “the international community, led by the U.S. and Europe, with Russian and Chinese buy-in, must develop contingency plans to prevent” hazards.

From The Wall Street Journal