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Back Away
(redirected from Backs Away)

   Also found in: Dictionary/thesaurus 0.01 sec.
Back away
In the context of general equities, to withdraw from a previously declared interest, indication, or transaction; broker-dealer's failure, as a market maker in a given security, to make good on a bid/offer for the minimum quantity.

Back Away
To withdraw from a previously stated intent to conduct a certain transaction. For example, if a broker-dealer expresses an interest in buying shares of Stock X and then changes his/her mind, the broker-dealer is said to back away from the transaction.


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backs away from missile shield plan</h1> President Barack Obama has told east European states he was backing away from plans for an anti-missile shield there, in a move that may ease Russian-U.
NAME the artist and the song and you could win a prize: You want to stay with me in the morning You only hold me when I sleep, I was meant to tread the water Now I've gotten in too deep, For every piece of me that wants you Another piece backs away.
Send your captioned old photographs to the address on the letters page with a return address on the back CAPTION(S): The St Tudno backs away from Liverpool landing stage on September 16, 1962, for her last Llandudno and Menai Straits trip, closing services to North Wales after 141 years, as described in John Shepherd's new book, The Liverpool & North Wales Steamship Co.
 
 
 
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