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What is the meaning of 'Bought in'?



 
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What is the meaning of 'Bought in'? #1 (permalink) Thu Apr 02, 2009 13:13 pm   What is the meaning of 'Bought in'?
 

Business English Lesson, Advanced Level

ESL/EFL Test #306 "Business buzzwords: Odd auction", question 1

......... auction is characterized by its decreasing price mechanism: the auction starts at a relatively high price and repeatedly decreases the price until a bid is announced by one of the auction participants; the auction is then terminated and the bidder wins the auction.

(a) A Dutch
(b) An Irish
(c) A Jewish
(d) A Scottish

Business English Lesson, Advanced Level

ESL/EFL Test #306 "Business buzzwords: Odd auction", answer 1

A Dutch auction is characterized by its decreasing price mechanism: the auction starts at a relatively high price and repeatedly decreases the price until a bid is announced by one of the auction participants; the auction is then terminated and the bidder wins the auction.

Correct answer: (a) A Dutch
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What is the meaning of 'Bought in'?

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What is the meaning of 'Bought in'? #2 (permalink) Thu Apr 02, 2009 13:24 pm   What is the meaning of 'Bought in'?
 

.
Please supply some context.
.
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What is the meaning of 'Bought in'? #3 (permalink) Thu Apr 02, 2009 13:30 pm   What is the meaning of 'Bought in'?
 

Goods are sometimes " bought in " by a company for the sole purpose of a quick sale. These are goods which have not previously been stocked by the company, but are offered to them by a wholesaler who needs to sell them quickly simply to make room for new stock.
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