back up
back up definition - finance
A
term used in the fixed-income market when prices fall and yields rise. Another
use for this term occurs when an investor moves funds from a five-year note and
puts them into a two-year note. This term is also used to refer to a market
that reverses an upward trend and backs
up.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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