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- The term "buy-in" has the following meanings1234:
- Acceptance of and willingness to actively support and participate in something, such as a proposed new plan or policy.
- The fact of accepting a policy or change because you agree with it.
- The deliberate submission of a false bid, too low to be met, in order to win a contract.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.plural buy-ins : acceptance of and willingness to actively support and participate in something (such as a proposed new plan or policy)www.merriam-webster.com/dictionary/buy-inbuy-in noun [uncountable] (business) the fact of accepting a policy or change because you agree with it If you want to make major changes, you need buy-in from everyone in the organization.www.oxfordlearnersdictionaries.com/definition/ame…buy-in [ bahy -in ] Phonetic (Standard)IPA noun an act or instance of buying in. the deliberate submission of a false bid, too low to be met, in order to win a contract.www.dictionary.com/browse/buy-inbuy-in noun /ˈbaɪ ɪn/ /ˈbaɪ ɪn/ [uncountable] (business) the fact of accepting a policy or change because you agree with itwww.oxfordlearnersdictionaries.com/us/definition/e… - People also ask
- definition
- buy supplies or commodities in large quantities from an external supplier:"we have garlic, onions, and potatoes from last year's crop, but we have to buy in everything else" · "we buy in quality Belgian chocolate and then process it"
- withdraw something at auction because it fails to meet the reserve price.
nounbuy-in (noun) · buy-ins (plural noun) · buyin (noun) · buyins (plural noun) · management buy-in (noun) · management buy-ins (plural noun)- a purchase of shares by a broker after a seller has failed to deliver similar shares, the original seller being charged any difference in cost.
- a purchase of shares in a company by managers who are not employed by it.
- the buying back by a company of its own shares.
- agreement to support a decision:"the CEO got a buy-in from all his vice presidents to launch the new product"
Buy-in Definition & Meaning - Merriam-Webster
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