Backorder

Business, Legal & Accounting Glossary

Definition: Backorder


Quick Summary of Backorder


A retailer’s order for a product that is temporarily out of stock with the supplier.



What is the dictionary definition of Backorder?

Dictionary Definition


An order that cannot be currently filled or shipped, but is requested nonetheless for when the item becomes available again.


Full Definition of Backorder


A customer order that cannot be filled when presented, and for which the customer is prepared to wait for some time. The percentage of items back-ordered and the number of backorder days are important measures of the quality of a company’s customer service and the effectiveness of its inventory management.


Examples of Backorder in a sentence


I bought the domain by backorder in the hopes that it may become available in the future.


Synonyms For Backorder


out of stock, stock-out, out-of-stock, back order, used up

Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/backorder/
Modern Language Association (MLA):
Backorder. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. December 02, 2020 https://payrollheaven.com/define/backorder/.
Chicago Manual of Style (CMS):
Backorder. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/backorder/ (accessed: December 02, 2020).
American Psychological Association (APA):
Backorder. PayrollHeaven.com. Retrieved December 02, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/backorder/

Definition Sources


Definitions for Backorder are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February, 2020 | 0 Views.