Definition of backload in English:
verb[with object] (usually be backloaded)
Place more charges at the later stages of (a financial agreement) than at the earlier stages.
- While they have adhered to the deadlines set for the phaseout, the actual products on which restrictions are being removed have been selected so that the most sensitive products have been backloaded.
- ‘Owing to changes in the oil and gas projects' tax regime, the oil and gas revenue profile is now likely to be backloaded, with significant increases in revenues starting in fiscal year 2010 rather than fiscal 2006,’ it said.
- The company has reportedly turned down a nine-year, $55 million offer from Washington, though a spokesperson said the deal was backloaded and worth far less than $55 million in ‘new’ money.
Definition of backload in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Pakistan