back up the truck
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English
[edit]Etymology
[edit]From the idea of bringing a truck to a location to be loaded with goods.
Verb
[edit]back up the truck (third-person singular simple present backs up the truck, present participle backing up the truck, simple past and past participle backed up the truck)
- (informal, idiomatic, chiefly finance, chiefly US) To take advantage of favourable pricing by purchasing a large amount.
- 2011, David M. Smith, Hany A. Shawky, Institutional Money Management, page 82:
- When spreads are very low and contracting, back up the truck and buy equities. When they are high and rising, it's time to hide.