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 ?
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.