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backtrack
backup
backup contract
backup light
backup withholding
backveld
backward
backward compatible
backward integration
backward-looking
backward sloping supply curve
backward tumble turn start
backwardation
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backward integration
back·ward in·te·gra·tion


noun 
Definition:
 
integration with an earlier production stage: the integration of one company with another company whose product represents an earlier stage in the chain of production.
See also  forward integrationhorizontal integrationvertical integration
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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