back
/bæk/ verb [T]Definition
› to give support or approval to someone or something: Shareholders will be asked to back the proposals.
› FINANCE to provide financial support for someone or something: A handful of firms will sell more than $2 billion of bonds backed by home equity, credit card, and other loans. Demand continues for government-backed loans. Investors are snapping up asset-backed bonds.
(Definition of back verb from the Cambridge Business English Dictionary
© Cambridge University Press)
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