backstop

(redirected from Back Stop)
Also found in: Dictionary, Financial.
  • all
  • noun
  • verb

Synonyms for backstop

(baseball) the person who plays the position of catcher

(baseball) a fence or screen (as behind home plate) to prevent the ball from traveling out of the playing field

a precaution in case of an emergency

act as a backstop

References in periodicals archive ?
The Company further announced that concurrently with the Undertaking, EUL intends to enter into a Back Stop Agreement (the " Back Stop Agreement ") with various affiliates of Davidson Kempner Capital Management LP (" DK "), pursuant to which DK will undertake to purchase under the Rights Offering, in lieu of EUL, a portion to be determined by EUL, provided that such portion shall not be less than the higher of EUR 3 million or the Additional Purchase Amount (the " Back Stop Undertaking "), and further provided that such Back Stop Undertaking shall not exceed EUR 10 million or result in DK and its affiliates directly or indirectly holding shares representing 30 per cent or more of the total voting rights in Plaza, all subject to the terms and conditions therein.
Because the 15,885,662 shares were fully subscribed for by the public, M&F was not required, pursuant to its agreement to back stop the rights offering, to purchase any shares in excess of its pro-rata portion.
Tenders are invited for Combined Back Stop And Retaining Clip To Drg.
The insurance system was originally designed as a back stop," she said.
It is pre-engineered to add a back stop inserting unit to the syringe, and a safety device inserting unit can also be added.
And with Paul Jones - widely regarded as the best back stop in the game - supporting the batting strength of Gary Fish, Mark Johnson and Leighton Martin, they forma formidable line-up.
In the 106-year history of the Ironworkers, we've had our successes and our failures, but we wouldn't be where we are today if we let one minor set back stop us.
The spread of risk is supported by inter-company reinsurance agreements, providing something of a back stop so that both entities are indemnified against extraordinary losses that were forged before the creation of LSV.
Albion must do without reliable all-rounder Gary Jones, who is determined to make a quick return from illness, but Jason Cross returns at back stop and his partnership with pace ace Matt Hopkins is vital if the Black & Whites are to return home with the points.
Fitch's 'B+' IDR for MAG recognizes the $150 million preferred stock back stop from MAI, which covers roughly one year of MAG's projected interest payments.
Gws 11-125 Cix Along With Buffing Accessories Or Its Equivalent As Per Specifications And Accessories Follows: 1 Rating: 1100W, 2 Voltage: 230 Volts, 3 Speed: 2800 - 11000 Rpm Electronically Variable, 4 Applications: Buffing, Sanding, De-Rusting, Cleaning, 5 Safety: Kick Back Stop, Re-Start Protection, Auto Cut-Off, Overload Protection, 6 Weight: 2.
Great-West also agreed to provide capital support for a period of five years, up to a maximum of C$150 million, and provide a liquidity back stop facility.