phrase
General Slang
Back up the truck
· phrase · finance
Buy a security in massive size because the price is too good to pass up.
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Definitions
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To load up on a stock or bond in enormous quantity, the mental image being reversing a dump truck up to the loading dock and filling it. Used when a trader thinks an asset is so mispriced or such a screaming buy that small nibbles won't cut it.
“Once it cracked $40 he told the desk to back up the truck.”
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Back up the truck In A Sentence
Once it cracked $40 he told the desk to back up the truck.
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