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Glossary > B > "Back away" Definition

Back away

Used in the context of general equities. To withdraw from a previously declared interest, indication, or transaction; broker-dealers failure, as a market maker in a given security, to make good on a bid/offer for the minimum quantity.

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Back away - Used in the context of general equities. To withdraw from a previously declared interest, indication, or transaction; broker-dealers failure, as a market maker in a given security, to make good on a bid/offer for the minimum quantity.

Back away : used in the context of general equities. to withdraw from a previously declared interest, indication, or transaction; broker-dealers failure, as a market maker in a given security, to make good on a bid/offer for the minimum quantity.