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Backers Meaning: Definition, Examples, and Translations

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backers

[ˈbækərz ]

Definition

Context #1 | Noun

crowdfunding

Individuals or organizations that financially support a project or venture, typically through a crowdfunding platform.

Synonyms

donors, investors, supporters.

Which Synonym Should You Choose?

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Word Description / Examples
backers

Used when referring to individuals or groups who provide financial support for a project, business or cause, often expecting a potential return on their investment.

  • The startup has several backers who believe in its potential
  • The film's backers are confident in its success
supporters

Used for people who endorse, approve, or assist a cause, organization, or individual, providing moral, financial, or public backing.

  • The politician's supporters gathered for a rally
  • The organization received a lot of help from its supporters
donors

Refers to people or organizations who contribute money, goods, or services, often without expecting anything in return, usually to support charitable activities or causes.

  • The charity relies on donations from generous donors
  • Blood donors are essential for the hospital's blood bank
investors

To describe individuals or entities that put money into a business, project, or financial scheme with the expectation of achieving a profit.

  • The investors were pleased with the company's quarter results
  • Real estate investors are looking for properties with high return potential

Examples of usage

  • The project received a lot of support from backers on the crowdfunding platform.
  • Without the help of backers, the project would not have been possible.

Translations

To see the translation, please select a language from the options available.

Origin of 'backers'

The term 'backers' originated from the verb 'back', which means to support or endorse. Over time, it evolved to refer specifically to individuals or organizations that provide financial support to projects or ventures. The concept of backers has become particularly prominent in the context of crowdfunding, where individuals can contribute to projects they believe in.

See also: back, backbone, backchat, backdrop, backed, backer, backhander, backing, backline, backmarker, backpack, backroom, backside, backspace, backstop, backup, backward, backwards, backyard, unbacked.

Word Frequency Rank

Positioned at #23,210, this word is part of extensive vocabulary. It's relatively rare in general usage but may be important in specific fields or formal writing.