A type of insurance. We use cookies to enhance your experience on our website, including to provide targeted advertising and track usage. A device that prevents railroad cars from rolling off a railroad track. Back Stop: A back stop is the act of providing last-resort support or security in a securities offering for the unsubscribed portion of shares. "As it sailed over the backstop," wife Ginger giggled, as only a wife can do. Backstop: to provide (someone) with what is useful or necessary to achieve an end. Backstop Purchaser: An entity that agrees to purchase all the remaining, unsubscribed securities from a rights offering. save hide report. Learn more. It reflects the situation up until August 2019. Define Backstop Agent. (in rounders) a player who stands directly behind the player from the opposing team who isâ¦. Backstop (baseball), a screen behind a field's home plate Catcher, a defensive baseball position behind home plate; Backstop, a player position in rounders similar to the catcher in baseball; Backstop, in the glossary of rowing terms; Fictional characters. This article is now out of date, as it refers to the Irish backstop as it was set out in November 2018, in Theresa Mayâs withdrawal agreement. Under-writers for a stock or bond issue have a backstop in place to make sure that the security issue will be purchased. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Find another word for backstop. b. BACKSTOP Meaning: "something at the back as a barrier;" see back (adj.) Photo: Liam McBurney/Getty Images. backstop meaning: 1. Backstop definition is - something at the back serving as a stop: such as. Find more similar words at wordhippo.com! It would mean that if there were no workable agreement on such matters, Northern Ireland would stay in the customs union and much of the single market, guaranteeing a friction-free border with the Republic. one behind the catcher in baseball, serving to stop balls from leaving the playing area. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. The backstop would only come into effect once the transition period ends, before all the details of the new relationship had been worked out.. Back Stop In an issue of new stock, a guarantee made by an investor, usually an institution, to a publicly-traded company that it will buy the remainder of an issue if the company is unable to place it all with other investors. You should make sure that you have a suitable backstop behind your target.
Too bad I don't think we'll definitively prove this stuff from these emails alone and we may never know for sure whether they're referring to drugs, prostitutes, raping children, or anything else horrible. In U.S. baseball, from 1889, "fence a⦠See definitions of backstop. Back Stop In an issue of new stock, a guarantee made by an investor, usually an institution, to a publicly-traded company that it will buy the remainder of an issue if the company is unable to place it all with other investors. Backstop definition: a screen or fence to prevent balls leaving the playing area | Meaning, pronunciation, translations and examples (baseball slang) A catcher; the position of catcher. Turnover is an unavoidable truth in any institution. The backstop solution is a safety net - an arrangement that will apply to the Irish border if a wider deal or technological solution cannot keep it as frictionless as it is today. A thing or a person put in the rear or in the back of something to reinforce, hold, support. Backstop definition, a wall, wire screen, or the like, serving to prevent a ball from going too far beyond the normal playing area. Definition and synonyms of backstop from the online English dictionary from Macmillan Education.. The 'backstop' is an insurance clause in the UK's 585-page Brexit deal with Brussels, which was signed by Theresa May in November 2018. Find 27 ways to say backstop, along with antonyms, related words, and example sentences at Thesaurus.com, the world's most trusted free thesaurus. Back-Stop (), a fictional character in the G.I. âI was backstop at rounders and had to retrieve the ball from a nearby horses' field.â âBehind every pitcher who shuts down the opposition is a backstop who quietly endures nine heart-pounding inningsâ âNonetheless, several young backstops enhanced their career potentials in 2002 by doing creditable jobs.â 2. Definition of backstop noun in Oxford Advanced Learner's Dictionary. Backstop also refers to a government agency or loan guarantee program that will insure a company’s debt or its credit line. A catcher. n. 1. 7 synonyms of backstop from the Merriam-Webster Thesaurus, plus 39 related words, definitions, and antonyms. This type of underwriting deal may be called a backstopped deal or a firm-commitment underwriting deal. https://www.thefreedictionary.com/backstop, In particular, one of the documents will confirm that the EU will not use the, Brussels: The European Union will allow Britain to exit the bloc's single customs territory unilaterally if the two sides are forced into a ", Tomlinson said the change "has got to be legally binding, so effectively treaty-level change" and that the attorney general must secure changes that altered his legal advice that the, But he also repeated the same warning that the withdrawal agreement, and the, The PM will insist the UK will not be "trapped" in the, Much of the opposition centers on a border measure known as the ", (TAP) - Britain is exploring alternative options to the, Conservative MPs have been advised to come up with a plan that will serve as an (https://www.bbc.com/news/uk-politics-47037365) alternative to the ticklish Irish, 20 December 2018 - US-based cloud-based technology provider, "The firm lacks a topflight strategic-consulting arm to backstop its technology gurus", Dictionary, Encyclopedia and Thesaurus - The Free Dictionary, the webmaster's page for free fun content, When is the Brexit vote today? The Irish backstop has dominated much of the debate over Brexit for the past year, proving a deeply divisive issue in British politics.. Airguns can be used in the garden providing a safe backstop is used to stop pellets leaving the premises. Synonyms for backstop include help, support, back, aid, assist, abet, prop up, bear a hand, to stand one in good stead and second. Sport. (noun) As people go, they take with them crucial knowledge. Learn more. A screen or fence used to prevent the ball from being thrown or hit far behind or to the sides of home plate. Synonyms: abet, aid, assist⦠Antonyms: hinder⦠Find the right word. Theresa May during a visit to Northern Ireland to promote her Brexit deal. The point of the code is to obfuscate, so we won't be able to see. (in rounders) a player who stands directly behind the player from the opposing team who isâ¦. A British government position paper has said that temporary "backstop" arrangements to prevent a hard border on the island of Ireland should not continue beyond December 2021. Advertisement This has occurred despite the fact that in many instances the ASA has no legal backstop. Baseball a. For example, an institution may announce that it will provide 100% back stop to a company's new issue up to $50 million. Backstop is how we can mitigate thisâ¦the system helps to keep track of all the conversations we have ⦠+ stop (n.). Backstop resources theory states that as a heavily used limited resource becomes expensive, alternative resources will become cheap by comparison, therefore making the alternatives economically viable options. This would keep commitments of the Goo⦠Related Content. Backstop is a term from baseball (so why this has been chosen seems very odd), but a more recognisable term would be safety net or insurance policy. 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. MPs to vote on Brexit deal after Irish border backstop negotiations; Following talks with Jean-Claude Juncker, Theresa May says she has secured 'legally binding' changes to her Brexit deal, UK, EU Agree on Changes to Brexit Deal Ahead of Commons Vote, Barnier offers Britain flexibility on 'backstop', Article 50 extension 'may be only smooth Brexit option', Brexit: UK will not be 'trapped' in backstop, May to tell EU, EU won't budge on Brexit as May seeks cross-party unity, UK exploring alternative Irish backstop options - Brexit minister, Theresa May Wants EU To Relook At Brexit Deal, Backstop Solutions to Acquire Alternative Investment Data and Indices Specialist BarclayHedge, EU: No Brexit deal without Irish backstop. Copyright © 2020 LoveToKnow. This is the British English definition of backstop.View American English definition of backstop.. Change your default dictionary to American English. All Rights Reserved. Variously described as an insurance policy or safety net, the backstop is a device intended to ensure there will not be a hard border between Northern Ireland and the Republic of Ireland, even if no formal deal can be reached on trade and security arrangements. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. 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. See more. ; A default arrangement that holds if all else fails. backstop definition: 1. Something that supports or bolsters. But the subject has left many voters scratching their heads, with âWhat is Brexit backstopâ one of the most common searches on Google about Brexit. What does backstop mean? backstop (plural backstops) . Define backstop. A term used in the financial industry to mean credit support or backup funds for a financial instrument or transaction. A fence, screen, etc., esp. How to use backstop in a sentence. Backstop. For example, an institution may announce that it will provide 100% back stop to a company's new issue up to $50 million. âBackstop allows us to maintain the organizationâs memory. In the event the backstop ⦠means any Person that is engaged to purchase the unsubscribed portion of any rights offered in any Rights Offering. backstop synonyms, backstop pronunciation, backstop translation, English dictionary definition of backstop.