Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • verb Present participle of backstop.

Etymologies

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Examples

  • Miller turned aside the slap shot - and the other 28 pucks that later sailed his way - in backstopping Buffalo's 10th straight victory Thursday night, tying the Sabres for an NHL record to open the season.

    USATODAY.com - Hockey - Buffalo vs. N.Y. Islanders 2006

  • Rather than the rest of Europe's rates collapsing towards Germany's borrowing cost, Germany's rates should have risen in recognition of the fact that it was essentially "backstopping" profligate borrowers.

    Mourn The Deutsche Mark, Buy The Turkish Lira Jerry Thunelius 2010

  • Rather than the rest of Europe's rates collapsing towards Germany's borrowing cost, Germany's rates should have risen in recognition of the fact that it was essentially "backstopping" profligate borrowers.

    Mourn The Deutsche Mark, Buy The Turkish Lira 2010

  • To think that he's got a content-free gasbag like Biden "backstopping" him is depressing, actually.

    Barack Obama appears -- simultaneously -- on Olbermann and O'Reilly and I have some advice for Obama. Ann Althouse 2008

  • Because right now, it appears that the Federal Reserve and the U.S. government is essentially insuring - "backstopping," as they call it - every kind of debt, because nobody is willing to invest in anything that does not have the full backing of the United States government.

    CNN Transcript Oct 12, 2008 2008

  • Bank of America was near an agreement with US officials that would provide it with US$15 to 20 billion fresh capital while "backstopping" US$115 billion to 120 billion of bank assets, the Wall Street Journal reported online.

    Channel NewsAsia Front Page News 2009

  • With the capital of the private mortgage insurers tied up in backstopping those earlier policies, the industry has ceded substantial market share to the FHA since 2008.

    Mortgage Insurers Rise on FHA Proposal Corrie Driebusch 2011

  • He said the report should help remind lawmakers that the government has long had a role backstopping mortgages.

    Views of Life After Fannie, Freddie Nick Timiraos 2011

  • The central case is that China will muddle through with strong fundamental demand underpinning property prices, and deep government pockets backstopping the banks.

    Chinese Property Collapse 101 Tom Orlik 2011

  • Yet if Germany is going to wind up backstopping much of the bad peripheral debt that winds up with the ECB in any case, its resistance to eurobond issuance is irrational.

    Who Would Bail Out the European Central Bank? Benn Steil 2011

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