considerable financial backing

USAGE SUMMARY

The phrase "considerable financial backing" is correct and usable in written English.
It can be used when discussing the support or funding provided to a project, business, or initiative, indicating that the support is significant in amount. Example: "The startup was able to launch its innovative product thanks to considerable financial backing from several investors."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

5 human-written examples

The measure failed, despite considerable financial backing from the liquor industry and from Jim Click, a Tucson car dealer and a large Republican donor who has worked closely with Mr. Sproul on local elections.

The New York Times

It is understood Chilton, who finished fourth in last season's GP2 Series with two victories, has also been able to acquire considerable financial backing to help fund his drive.

The Guardian - Sport

Coupled with the considerable financial backing of Jeff Bezos's company, which is set to generate $100 billion in revenues this year, the project puts great pressure on the BBC and Evans, who has already described the role as "the most challenging thing I have ever done in my career".

Independent

The Corzine administration and other proponents of the measure said that stem cell research — and the tax receipts and other economic benefits from the companies conducting the work — would go to other states if New Jersey did not offer considerable financial backing.

The New York Times

Tradeshift has established itself in the market and has considerable financial backing but it is facing a new breed of competitors such as Senddr,  which provides end-to-end connectivity between the supplier and the customer.

TechCrunch

Human-verified similar examples from authoritative sources

Similar Expressions

52 human-written examples

3 Additionally, there are considerable financial consequences associated with back pain, with previous estimates of direct healthcare costs in the UK amounting to over £1.6 billion and indirect costs from informal care and loss of productivity to the economy of £10.7 billion.

BMJ Open

One difficulty may be the very modest salaries of big-league coaches, but when I talked to Bob about his joining some team in this capacity I got the feeling that he might be willing to make a considerable financial sacrifice in order to get back into the game.

The New Yorker

In 1897 Schiff attained considerable prestige in banking circles when he provided the financial backing that enabled railroad magnate Edward H. Harriman to purchase control of the bankrupt Union Pacific Railroad.

Encyclopedia Britannica

On Thursday, Moms Demand Action for Gun Sense in America, a gun control group backed by former New York City Mayor Michael Bloomberg's considerable financial resources, will blanket half a dozen newspapers with ads meant to pressure the grocery giant to stop allowing customers to openly carry firearms in its stores.

Huffington Post

Low back pain (LBP) is a source of considerable financial and societal costs [ 1].

BMC Musculoskeletal Disorders

At the back end, it needs dedicated writers, supportive producers and considerable financial resources.

The New York Times

Expert writing Tips

Best practice

When describing the funding of a project, specify the source of the "considerable financial backing" to enhance clarity and credibility. For example, mention "considerable financial backing from venture capitalists" instead of just "considerable financial backing".

Common error

Avoid using "considerable financial backing" when the funding is relatively modest. Ensure the term accurately reflects the substantial nature of the investment; otherwise, opt for more appropriate terms like "financial assistance" or "some funding".

Linguistic Context

"Considerable financial backing" functions as a noun phrase that describes the financial support given to a project, venture, or organization. It often acts as the subject or object of a sentence, indicating the source of funding. As confirmed by Ludwig AI, the phrase is valid and usable in written English.

Expression frequency: Rare

Frequent in

News & Media

60%

Science

20%

Formal & Business

10%

Less common in

Encyclopedias

3%

Wiki

4%

Academia

3%

Ludwig's WRAP-UP

In summary, "considerable financial backing" is a valid and usable phrase that highlights significant monetary support. Ludwig AI confirms its correctness and usability. While not overly common, its presence in news, science, and business contexts signifies its professional register. When using this phrase, ensure that the financial support is, in fact, substantial. Consider alternatives like "substantial financial support" or "ample financial resources" for nuanced communication. It is important to be mindful of not overstating the funding amount and to specify the sources when relevant.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

substantial financial support

Emphasizes the significant amount of financial assistance provided.

significant monetary investment

Focuses on the investment aspect, highlighting the importance of money.

ample financial resources

Indicates plentiful financial means available.

extensive fiscal sponsorship

Highlights the breadth and scope of the financial sponsorship.

large capital infusion

Stresses the introduction of a significant amount of capital.

generous funding provision

Highlights the generosity and act of providing funds.

robust economic foundation

Focuses on the strong economic base created by the funding.

strong financial underpinnings

Implies a secure and solid financial base.

notable fiscal commitment

Emphasizes the significance of the financial pledge.

serious monetary commitment

Highlights the importance of the financial pledge.

FAQs

How can I use "considerable financial backing" in a sentence?

You can use "considerable financial backing" to describe a situation where a project or venture receives a significant amount of monetary support. For example: "The project succeeded due to "considerable financial backing" from investors."

What's a good alternative to "considerable financial backing"?

Alternatives include "substantial financial support", "ample financial resources", or "significant monetary investment" depending on the specific context.

Is it better to say "considerable financial backing" or "significant financial backing"?

Both "considerable financial backing" and "significant financial backing" are acceptable, but "considerable" implies a noteworthy amount while "significant" emphasizes the importance or impact of the financial backing. The choice depends on the specific aspect you want to highlight.

What does "considerable financial backing" imply about a project's prospects?

It typically suggests that the project has a greater chance of success due to the availability of substantial resources, enabling it to overcome potential hurdles and achieve its goals. However, funding alone doesn't guarantee success.