Meaning of “backer” in the English Dictionary

"backer" in American English

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backernoun [ C ]

us /ˈbæk·ər/

a person who gives support to someone or something with money or words:

We'll need financial backers to do this.

(Definition of “backer” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"backer" in Business English

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backernoun [ C ]

uk /ˈbækər/ us

FINANCE a person or company that provides support for something or someone, especially financial support:

The project's backers believe that fund-raising should not be a problem.
The club was desperately seeking new financial backers.

(Definition of “backer” from the Cambridge Business English Dictionary © Cambridge University Press)