buy-in
Americannoun
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an act or instance of buying in.
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the deliberate submission of a false bid, too low to be met, in order to win a contract.
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Poker. the chips purchased by a player from the banker, occasionally a set amount required to enter a specific competition or game.
verb
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(tr) to buy back for the owner (an item in an auction) at or below the reserve price
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(intr) to purchase shares in a company
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(intr) to buy goods or securities on the open market against a defaulting seller, charging this seller with any market differences
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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
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to purchase (goods, etc) in large quantities
to buy in for the winter
noun
Etymology
Origin of buy-in
Noun use of verb phrase buy in
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.