standby

standby
I. standby stand‧by 1 [ˈstændbaɪ] also stand-by noun TRAVEL
1. [countable] someone or something that is ready to be used when needed:

• The government has asked potential donor countries for 75,000 tonnes of grain as a standby.

2. [uncountable] when you are ready to travel on a plane, but can only do so if there are seats left when it is ready to leave:

• The flight is full, but we can put you on standby.

  [m0] II. standby standby 2 also stand-by adjective [only before a noun]
1. TRAVEL a standby ticket is a cheap ticket for a plane journey that you buy just before the plane leaves
— standby adverb :

• Most of the carriers would allow people to fly standby.

2. ECONOMICS a standby arrangement or agreement allows a member state of the International Monetary Fund to receive money if it has serious financial problems:

• About $45 million was available in instalments under a standby arrangement.

• The International Monetary Fund has approved a new £596 million standby loan for Pakistan.

* * *

Ⅰ.
standby UK US (plural standbys) (also stand-by) /ˈstændbaɪ/ noun [C]
a person or thing that is available and that can be used when necessary, if another person or thing is not available, or in an emergency: »

They manufacture portable GPS systems which can be used as an emergency standby.

(also standby ticket) TRANSPORT a cheap ticket sold just before a flight or a performance if there is a seat available
fly standby — Cf. fly standby
on standby — Cf. on standby
Ⅱ.
standby UK US (also stand-by) /ˈstændbaɪ/ adjective [before noun]
ready to be used if necessary: »

a standby generator

»

If the computer is left undisturbed for five minutes, it goes into standby mode.

»

The phone offers up to four hours of talk time and 106 hours of standby time.

ECONOMICS relating to extra money that a country can borrow from the International Monetary Fund if it has serious financial difficulties: »

a standby agreement/arrangement/loan

»

standby credit

sold just before a flight or a performance if there is a seat available: »

a standby flight/seat


Financial and business terms. 2012.

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Look at other dictionaries:

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