Definition of backer in English:

backer

Syllabification: back·er
Pronunciation: /ˈbakər
 
/

noun

  • 1A person, institution, or country that supports something, especially financially: $3.3 million was provided by the project’s backers
    More example sentences
    • The film-makers are seeking American backers to finance the project.
    • Which major backer would financially support a party that had no chance whatsoever of gaining political power?
    • News one of the show's key financial backers was poised to pull its support sent shockwaves across the district.
    Synonyms
  • 1.1A person who bets on a horse.
    More example sentences
    • In this way, the backer enters into the traditional role of the gambler and the lawyer enters into the traditional role of the bookmaker.
    • Ante-post backers with the traditional High Street bookmakers were hit by the withdrawals of several horses with big chances.
    • This philosophy has not only made Dunstone popular with punters, it has made his early backers very rich.

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