back verb Meaning in Cambridge Business English Dictionary
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Meaning of "back" - Business English Dictionary

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back

verb [T]
 
 
/bæk/
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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