Backing
/ˈbækɪŋ/
Definitions
- (n.) Financial support or guarantee provided for a financial instrument or transaction.
The investor sought backing from a major bank for the bond issuance.
- (n.) The material or structure placed behind a document, label, or surface to provide strength or support.
The contract was printed on paper with a special backing to prevent tampering.
Related terms
See also
Commentary
In legal drafting, clarify the type of backing to distinguish between financial guarantees and physical support materials.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.