back door

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Back Door

1. In business, a slang term describing something unethical. It may also describe the action of circumventing a problem in an unusual (but still ethical) way.

2. Any way to access a computer system other than logging in or using "normal" channels. Programmers often put back doors into their programs, or a hacker may create one.

3. See: Back-Door Listing.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

back door

the informal mechanism whereby the BANK OF ENGLAND buys back previously issued TREASURY BILLS in the DISCOUNT MARKET at their ruling market price in order to release money to help the DISCOUNT HOUSES overcome temporary liquidity shortages. This is done as a means of increasing the liquid funds available not only to the discount houses themselves but also to the COMMERCIAL BANKS at prevailing interest rates to enable them to maintain their lending. Compare FRONT DOOR.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Surely not through that back-door system after he couldn't win a constituency because the nominations had closed.
"Back-door entry of mobile devices--people buying them on their own--is very common, said David Elfanbaum, vice president of Asynchrony Solutions, St.
The profit potential is huge - but deregulating this state-of-the-art technology for export could put a back-door key in the front pocket of spies and terrorists around the world."
The film's central conceit - a Bill Gates-coded software tycoon engineers a series of high-profile superhacks to foment hysteria over the threat of information terrorists, then exploits this fear to sell his Gatekeeper security software to banks, multinational corporations, and the government, allowing him unlimited back-door access to the system - resonates with the current "convergence of the commercial and the military sectors" in the war against data diddling.
This clause is in effect a "back-door" way to convert rent defaults into a basis for invoking the conditional limitation.