meaning of backorder

backorder meaning in Law Dictionary

n purchase with becoming filled later on. The customer knows this and can wait. It is a significant figure for buyer services and inventory management.

backorder meaning in Etymology Dictionary

also back-order, by 1980 (n.); 1985 (v.), from back (adj.) + order. Related: Backordered.

backorder meaning in Business Dictionary

an individual purchase that simply cannot be filled when presented, as well as which the buyer is ready to watch for a while. The percentage of things backordered and range backorder times are very important steps of quality of a company's customer care while the effectiveness of the inventory management.