- ⌂ Sports a fence, screen, etc., esp. one behind the catcher in baseball, serving to stop balls from leaving the playing area
- anything that supports or bolsters
- Baseball a. A screen or fence used to prevent the ball from being thrown or hit far behind or to the sides of home plate.b. A catcher.
- Something that supports or bolsters.
transitive verbback·stopped, back·stop·ping, back·stops
- To serve as a backstop for.
- a. To support or bolster: “The firm lacks a topflight strategic-consulting arm to backstop its technology gurus” (Alex Beam).b. To substitute for (another) in an emergency.
- A device that prevents railroad cars from rolling off a railroad track.
- (baseball) A wall behind home plate.
- (baseball slang) A catcher; the position of catcher
backstop - Investment & Finance Definition
A type of insurance. Under-writers for a stock or bond issue have a backstop in place to make sure that the security issue will be purchased. To do so, the underwriters assemble a group of sub-underwriters, often institutional investors who are prepared to take a certain share of the offering that remains unsold. This type of underwriting deal may be called a backstopped deal or a firm-commitment underwriting deal. Backstop also refers to a government agency or loan guarantee program that will insure a company’s debt or its credit line.