Meaning of “fallback” in the English Dictionary

"fallback" in Business English

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fallbacknoun [ C, usually singular ]

uk /ˈfɔːlbæk/ us /ˈfɑːl-/

a fall in the price, amount, rate, etc. of something, especially after having been high

a plan that you can use if your first plan fails

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