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Backing away

• Occurs when a market maker does not honor its requirement buy or sell the minimum amount of a security. Sometimes, this action can be suspected by the willful failure to answer telephones or to update computers.

 
 Embedded terms in definition
 Buy
Its
Market maker
Market
Security
Sell
 
 Related Terms
 Away

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Our lives improve only when we take chances -- and the first and most difficult risk we can take is to be honest with ourselves. - Walter Anderson

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