Phrases with «financial backstop»

A financial backstop is like a safety net or a plan B for when things go wrong or when someone needs help with money. It provides assurance that if there are any financial difficulties or risks, someone is there to support or provide funds. Full definition

Sentences with «financial backstop»

  • Those options could include direct investment or some kind of financial backstop to the project, as the Alberta government says it's prepared to make, or withholding discretionary federal spending from British Columbia to punish the provincial NDP government for delaying its own permits and threatening more court challenges to the project. (thestar.com)
  • An RRSP stash of even $ 200,000 per person will provide you with a solid financial backstop and allow you to indulge in a bit of travel while you're still young enough to enjoy it. (moneysense.ca)
  • By opening a credit line and qualifying for the ECB's bond - buying program, he said, Spain would gain enough of a financial backstop to significantly lower its borrowing costs to manageable levels. (news-to-use.com)
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