backing away


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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.

backing away

The failure of a market maker to honor a previous bid for a minimum quantity of a security. The National Association of Securities Dealers considers backing away to be unethical.
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I also doubt the conclusion that the reason Catholics devote fewer resources to youth than other denominations is that priests have been backing away from youth ministry since 2002.
thesis that when the economy picks up, there will be a "war for talent" in this country, we can hardly afford to have our most creative and competent managers backing away from the top job.
Archdeacon Jim Boyles, General Secretary of the Anglican church, said in an interview that the church is not backing away from issues of language and culture.
One day, just as I was snapping a photograph of the father backing away from a chick with its food, the chick took off and flew across the yard.
And they aren't backing away from democratic principles, the best gauge of which concerns the freedom of the press.
Backing away from the threat as you fire is popular, because it can be safely taught with multiple officers on a standard "square range." But, ask yourself: Does backing up at "human speed" make you that much smaller a target?
backing away from plans to step up aid to the southern rebels (Zenit, Oct.
Small contends that the protests over the CRC's closing came from "a false perception." Many people interpreted the proposal as showing that the "Smithsonian was backing away from its commitment to science in general and to the biological sciences in particular," he says.
However, he and Richard are not backing away from their $1-million goal.
She was "that crazy Jordan girl" from a young age, never backing away from a fight with a neighborhood bully, no matter that they were all considerably bigger than she.
Meanwhile, a government spokesman promises that Blair's government is "not backing away from the need to establish just how widespread Masonic activity is within" the police.