See Also: backing(medicine)
Backing away(finance)
backing(dictionary)
backing(dictionary)
Backing - Poker(gambling)
BACKING, crim(law)
Backing (Wind) - Sailing(gambling)

sandwort (iou) and Backing away (finance)


sandwort (iou)



sandwort noun. L16.
[from SAND noun + WORT noun1.]
Any of various small white-flowered plants of the genus Arenaria and several related genera of the pink family; esp. (in full thyme-leaved sandwort) Arenaria serpyllifolia, of walls, dry sandy ground, etc., and (in full three-nerved sandwort) Moehringia trinervia, of shady places.
sea sandwort: see SEA noun.

Backing away (finance)


The act of a market maker failing to honor a posted bid or ask even though the price and quantity are valid.