backstop
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.
Zaslav says Paramount’s bid needs to be “fully backstopped” by the Ellison family and RedBird Capital Partners.
From Los Angeles Times
Paramount says billionaire Larry Ellison is agreeing to personally guarantee $40.4 billion of equity financing for the deal and publish records related to the family trust that backstops the deal.
Warner’s board told shareholders last week to reject Paramount’s bid, citing concerns that the Ellisons weren’t fully backstopping the financing.
From Barron's
Warner’s board told shareholders to reject Paramount’s bid last week, citing concerns that the Ellisons weren’t fully backstopping the financing.
From Barron's
He says time is now his most precious commodity, adding: "You just don't have that backstop, do you? That extra support."
From BBC
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.