2008年12月29日 星期一

back out

A multibillion-dollar joint venture between Dow Chemical Co (DOW.N) and Kuwait's state-run Petrochemical Industries Co fell victim to the financial crisis and the collapse of oil prices after the Kuwaiti government said it would back out of the deal in the face of opposition in Parliament.

Definition

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back out phrasal verb
to decide not to do something that you had said you would do:
You agreed to come. You can't back out now!
They backed out of the deal the day before they were due to sign the contract.

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