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Definitions

backstop

[bak-stop] / ˈbækˌstɒp /


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.

The European Central Bank said Saturday it will expand access to its euro liquidity backstop to central banks worldwide, in a move aimed at boosting the single currency's global role.

From Barron's

Discovery board, Paramount says it will agree to fully backstop an exchange offer that relieves WBD of its contractual bondholder obligations.

From The Wall Street Journal

During the first week of November, OpenAI’s Chief Financial Officer Sarah Friar made comments at a Wall Street Journal conference that appeared to suggest the company was looking to the federal government as a backstop.

From The Wall Street Journal

France and others have spent months trying to nudge Washington to provide a backstop to security guarantees they hope to offer Ukraine if the war ends.

From The Wall Street Journal

In the traditional model, developers and external investors—often infrastructure funds and banks—took on the risk of developing and constructing the project, with financing backstopped by the creditworthy tech company’s power purchase agreement.

From The Wall Street Journal