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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Backing Away


What you do when talking with someone who has wicked halitosis.

In the financial world, backing away means making an offer and then changing your mind. It violates a bunch of rules and gives the market maker a bad name so others don't want to do business with them any more.


A market maker offers to buy 100,000 shares of MSFT from you at $26.12... and then changes their mind.