Exchange Currency

back stop

An offer by a company to purchase shares of another company in a securities offering, if the shares are not purchased by any other investor by the end of the offering. If the first company offers a back stop for a given monetary amount, and that amount (or any portion of it) is not raised by the second company's security offering, the company commits themselves to purchase shares up to the amount they offered.

Related information about back stop:
  1. Back Stop Definition | Investopedia
    The act of providing last-resort support or security in a securities offering for the unsubscribed portion of shares. A company will try and raise capital through an ...
     
  2. Back Stop - definition of Back Stop by the Free Online Dictionary ...
    Sports A screen or fence used to prevent a ball from being thrown or hit far out of a playing area, as in baseball. 2. Baseball A catcher. 3. Something that ...
     
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  4. Backstop - Merriam-Webster Online
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  5. What is back stop? definition and meaning
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    Back Stop Hagen reviews by real people. Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Hagen and beyond.
     
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    Our elfa Drawer Back Stop Pins prevent elfa Drawers from going too far back in the frame, which can lead to damage if the system is placed against a wall.