had been buoying

• past perfect progressive

  past perfect progressive

  Used to describe an action that was ongoing continuously in the past up until another past event interrupted it.

  of buoy.
  buoy

  noun

  a distinctively shaped and marked float, sometimes carrying a signal or signals, anchored to mark a channel, anchorage, navigational hazard, etc., or to provide a mooring place away from the shore.

Example Sentences

See Examples For:

had been buoying

Netflix had been buoying its own stock by buying back shares, but said that because of its cash flow constraints, it has not done so this year.

From New York Times ● Apr. 29, 2022

A further drag could be the end of the Fed’s $600 billion asset buying program, which had been buoying stocks since last fall.

From New York Times ● Jul. 5, 2011

Related Words

• beacon