Meaning of “government-backed” in the English Dictionary

british dictionary

"government-backed" in Business English

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government-backedadjective

uk /ˈɡʌvənməntbækt/ us /-ɚ–/ GOVERNMENT

relating to companies and other organizations that receive support or money from a government:

government-backed small-business loans

(Definition of “government-backed” from the Cambridge Business English Dictionary © Cambridge University Press)