What does backstop mean in government?

What does backstop mean in government?

one behind the catcher in baseball, serving to stop balls from leaving the playing area. Backstop also refers to a government agency or loan guarantee program that will insure a company’s debt or its credit line.

What is a backstop in business?

A term used in the financial industry to mean credit support or backup funds for a financial instrument or transaction. For example, bank revolving credit loans are often obtained to backstop commercial paper in the event that the commercial paper issuer defaults on its payments.

How does a backstop work?

A backstop purchaser, also called a standby purchaser, is an entity that agrees to buy all the remaining, unsubscribed securities from a publicly traded company’s rights offering, or issue. When called upon, a backstop purchaser functions as a form of insurance.

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Is there another word for backstop?

Find another word for backstop. In this page you can discover 9 synonyms, antonyms, idiomatic expressions, and related words for backstop, like: screen, net, barrier, fence, catcher, milldam, handhold, back-stop and fall back.

What is a backstop identity?

A backstopped identity is a well established false but seemingly true identity that’s backed by verifiable background details. A fake identity is typically just a single or a few pieces of fraudulent / counterfeit physical identification documents such as driver’s licenses and passports.

What is backstop funding?

What are backstop funds?

A backstop is a financial arrangement that creates a secondary source of funds in case the primary source is not enough to meet current needs. It can also be thought of as an insurance policy that covers the inadequacy of a source of funds. The backstop can take various forms in different contexts.

What is backstop commitment?

Backstop Commitment means the agreement by the Backstop Party pursuant to the Backstop Rights Purchase Agreement to purchase all of the Rights Offering Shares in excess of the Sopris Senior Notes Commitment that are not purchased by the Rights Offering Participants as part of the Rights Offering.

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What is the opposite of backstop?

Opposite of to serve as backstop for. hinder. obstruct. hamper. impede.

What is backstop financing?

A backstop is a financial arrangement that creates a secondary source of funds in case the primary source is not enough to meet current needs. It can also be thought of as an insurance policy that covers the inadequacy of a source of funds.

What does backstop mean in FBI?

Backstop. You can’t expect the world to take you at face value. People are going to check. Thoroughly.

What does a backstop mean?

Definition of backstop. (Entry 1 of 2) 1 : something at the back serving as a stop: such as. a : a screen or fence for keeping a ball from leaving the field of play.

What is the backstop position?

What does a backstop mean? A position of last resort , the controversial “backstop” plan is essentially a legally-binding insurance policy. It is designed to ensure there is no hard border between the U.K. province of Northern Ireland and the Republic of Ireland whatever the outcome of future trade talks between the U.K. and the EU.

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What is technical backstopping?

Technical Backstopping Plan in English translation and definition “Technical Backstopping Plan”, Dictionary English-English online. Supporting offices assist in mobilizing resources and providing technical and administrative backstopping for programme planning, implementation, monitoring and evaluation, and financial compliance.