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Definitions

backer

[bak-er] / ˈbæk ər /


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Private credit funds are created by professional investors who raise cash from a group of backers, add leverage, and make loans to smaller companies.

From Barron's

They and other backers paid the Treasury Department about $2.5 billion when the deal closed in January and are set to make several additional payments until hitting the $10 billion total, the people said.

From The Wall Street Journal

Tuesday's summit host, France, is a strong backer.

From Barron's

Domingo’s mother, his biggest dream backer, passed away in 2006, while he was still a struggling actor.

From The Wall Street Journal

Kalshi and Polymarket have each recently had discussions with potential backers about fundraising rounds that would value them near that figure, according to people familiar with the matter.

From The Wall Street Journal