Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- verb Simple past tense and past participle of
backstop .
Etymologies
Sorry, no etymologies found.
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Examples
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He has pushed for the ECB to stand behind the currency union more forcefully, much as the Federal Reserve backstopped financial firms during the U.S. crisis.
Geithner Presses Europe for Debt Solution Sudeep Reddy 2011
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The U.S. Treasury backstopped the industry as investors fled, a move now forbidden by the Dodd-Frank law.
Bernanke and Banks Tested by Latest Market Strains Jon Hilsenrath 2011
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Indeed, we cannot think of another year when a 17-year-old goalie backstopped his club to the championship.
Swiss goalie beefs up his status with strong play at world juniors 2010
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In Harrisburg, bankruptcy proponents favor taking a tougher line with the state, bondholders and the insurance companies that have backstopped the city's debt.
Capital Files for Bankruptcy Michael Corkery 2011
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"The agency had backstopped my cover," Mr. Holm writes, "but only minimally."
Looking Back On the Spy Life Charles McCarry 2011
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Without a solution to the euro-zone crisis, it is hard to see banks rushing to lend even if their financing is backstopped.
ECB Calls Time on Rescue Party Richard Barley 2011
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More recently, they have backstopped regional subsidiaries of Greek banks to ensure the region was not hit hard by the financial meltdown in that country.
20 years after Berlin Walls falls, Eastern Europe has yet to catch up with world economies Howard Schneider 2010
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But it writes policies for less than 10% of the market, down from pre-crisis levels when insurers backstopped half the market.
Idea for Mutual Muni-Bond Insurer Is Floated Andrew Ackerman 2011
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It's also worth noting that, though he backstopped the Devils to three Stanley Cups, Brodeur has never won the Conn Smythe Award as the NHL's postseason most-valuable player.
Why Lundqvist Should Take It Easy Mike Sielski 2011
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Banks and insurers, effectively backstopped by the U.S. government, could also face downgrades and find it more costly to borrow money.
Downgrade Threat Looms Tom Lauricella 2011
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