Backed in

Backed in

In the context of general equities, to describe the result of unanticipated events that allow for a purchase at a discount or a sale at a premium.

Backed In

Informal; describing the circumstances that result in an expected jump or drop in a security's price. When a security is backed in, one may buy it at a discount or sell it at a premium; this often results in a quick profit.
References in periodicals archive ?
The decision not to increase the role of LAPD officers in immigration enforcement also was backed in testimony Tuesday by Latino activists, including Al Robles, chairman of the Hispanic Advisory Council to the Police Commission.
5-mile strip of high-intensity stadium lights, backed in Kevlar to keep them from being shot out, their poles encased in metal girders to protect them from arsonists.