Backward Integration
A form of vertical integration that involves the purchase of suppliers in order to reduce dependency.

Investopedia Says:
A good example would be if a bakery business bought a wheat farm in order to reduce the risk associated with the dependency on flour.

Related Terms:
Forward Integration
Horizontal Integration
Vertical Integration

• Gather In The Stops
• Gazelle Company
• Gazump
• Gazunder
• GBP
• GDP Gap
• GDP Price Deflator
• Gearing
• Gearing Ratio
• Gemology
• General Agreement On Tariffs And Trade (GATT)
• General Agreement On Tariffs And Trade (GATT)
• General And Administrative Leverage
• General Collateral Financing Trades (GCF)
• General Collateral Financing Trades (GCF)
• General Depreciation System (GDS)
• General Depreciation System (GDS)
• General Ledger
• Generally Accepted Accounting Principles (GAAP)
• Generally Accepted Accounting Principles (GAAP)
• Generally Accepted Auditing Standards (GAAS)
• Generally Accepted Auditing Standards (GAAS)
• General Motors (GM) Indicator
• General Obligation Bond (GO)
• General Obligation Bond (GO)