From Longman Dictionary of Contemporary Englishbackerback‧er /ˈbækə $ -ər/ noun [countable] SUPPORT A PERSON, GROUP, OR PLANsomeone who supports a plan, especially by providing money We’re still trying to find backers for the housing development scheme.
Examples from the Corpus
backer• backers of the local crime bill• Low turnout may benefit Buchanan, whose fervent backers are by far the most committed.• The directors closed the company after the financial backers pulled out of the operation.• The exchange between the first lady and her most valuable financial backers is riveting.• Thornton knew of various incidents which confirmed his opinion that Walsh made a distinctly negative impression in the hunt for backers.• Raw Gold backers collected $ 6 for each $ 2 win bet.• She reproaches her backers for failing her dream.• Things became even more difficult when one of his principal backers went bankrupt.• The plan's backers are confident that there is substantial corporate demand to join Lloyd's.• To be sure, coupons have their backers.From Longman Business Dictionarybackerback‧er /ˈbækə-ər/ noun [countable]FINANCE someone who supports a plan, person, or company, usually by giving moneyThe directors closed down the operation after the company’s financial backers pulled out. 