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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.

Gary moved on to found Global Crossing in 1997, persuading backers to fund an ambitious plan to thread new fiber across the Atlantic Ocean.

From The Wall Street Journal

The firm used cash from newer investors to pay part of the promised monthly dividends to earlier fund backers.

From The Wall Street Journal

All three backers will continue to hold ownership stakes in the combined company, Farb said.

From The Wall Street Journal

But carmakers and their backers have lobbied hard over the past year for Brussels to relax the ban, in the face of fierce competition from China and a slower-than-expected shift to electric vehicles.

From Barron's

This time, the lender has returned to the public markets with a list of heavyweight backers including Japan’s Norinchukin Bank, global asset manager M&G Investments and U.S. private-equity giant KKR.

From The Wall Street Journal