Backstop is 1) a fence or screen behind the catcher to stop the ball if it’s not hit or caught, or a player who stands directly behind the batter (catcher) in baseball game; 2) the act of providing last security in the securities offering for the unsubscribed portion of shares. (e.g., The UK has published a paper setting out its “backstop” proposals for customs arrangements with the EU, if a new permanent deal is not ready in time.)
Related Definitions in the Project: The Project Management
