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backstop
[bak-stop]
noun
a wall, wire screen, or the like, serving to prevent a ball from going too far beyond the normal playing area.
Baseball., the catcher.
a person or thing that serves as a support, safeguard, or reinforcement.
There were technicians on board as backstops to the automated controls.
verb (used without object)
to act as a backstop.
verb (used with object)
to act as a backstop to.
The government agreed to backstop companies that invested in oil exploration.
backstop
/ ˈbækˌstɒp /
noun
sport a screen or fence to prevent balls leaving the playing area
a block or catch to prevent excessive backward movement, such as one on the sliding seat of a rowing boat
verb
to provide with backing or support
Other Word Forms
- backstopper noun
Example Sentences
But here’s the beautiful irony: The solution to “private crypto company becomes systemically important” is to wrap it in so much regulation and government backstop that it becomes de facto nationalized.
To brace for the possibility of a longer-than-expected shutdown, consumers using hardship programs may need to look into secondary resources that can provide a “backstop,” he said.
Milei’s radical economic changes are now more likely to get a strong U.S. backstop.
Another reason for the peso rally is the U.S. offer to backstop the overvalued currency with a $20 billion dollar swap line.
Bankers are waiting on guidance from the Treasury Department on what collateral Argentina would be able to provide for them or if Washington would plan to backstop the facility on its own, the people said.
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