financial backing

USAGE SUMMARY

"financial backing" is correct and usable in written English.
You can use it to refer to the financial support or resources given to an organization, business, person, etc. For example: "Our new project received a generous financial backing from a local investor."

✓ Grammatically correct

News & Media

Science

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Any plan will need strong financial backing.

The New York Times

But even the private and personal requires financial backing.

The New York Times

Even so, Glaxo's financial backing is sure to raise eyebrows.

The New York Times

And, can it survive without Perot's financial backing?

The New Yorker

Any deal, analysts say, will require substantial financial backing.

The New York Times

But financial backing was only half the battle Sunday.

The New York Times - Sports

Kenneth's associates gave him enormous financial backing & a free hand.

The New Yorker

IdeasTap repeatedly appealed for government and corporate financial backing.

Independent

He wanted to know if anybody would provide financial backing.

The New York Times

Has secured financial backing from millionaire, not Otto Kahn.

The New Yorker

Some of those goals don't require financial backing.

The Guardian - Business

Expert writing Tips

Best practice

Use "financial backing" when referring to broad support, rather than just a single payment or investment. It implies ongoing assistance.

Common error

While "financial backing" and funding are similar, "financial backing" often suggests a more continuous or comprehensive form of support, whereas funding can refer to a one-time allocation. Consider whether you want to emphasize ongoing support or a specific instance of financial provision.

Linguistic Context

The primary grammatical function of "financial backing" is that of a noun phrase. As Ludwig AI indicates, it refers to the act of providing monetary support or resources. It commonly functions as the subject or object of a sentence, denoting the source or recipient of the funding.

Expression frequency: Very common

Frequent in

News & Media

61%

Science

20%

Encyclopedias

7%

Less common in

Wiki

7%

Formal & Business

3%

Reference

2%

Ludwig's WRAP-UP

In summary, "financial backing" is a commonly used noun phrase that refers to the act of providing monetary assistance. Ludwig AI confirms its grammatical correctness and widespread usage across various contexts. It is most frequently encountered in news and media, as well as scientific and business sources. When using this phrase, remember that it implies sustained support rather than a one-time contribution. Alternatives include "monetary support", "funding", and "capital investment", each with slightly different nuances. Understanding these distinctions will enable you to communicate with precision and clarity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

monetary support

Focuses specifically on the provision of money.

funding

A general term for providing money for a specific purpose.

capital investment

Highlights the investment aspect of providing financial resources.

sponsorship

Implies a formal agreement where financial support is provided in exchange for recognition.

economic assistance

Emphasizes the supportive nature of the financial provision.

investment

General term meaning application of money (capital) in order to gain profitable returns, as interest, income, or appreciation in value.

financial aid

Suggests assistance, often to those in need.

patronage

Implies a relationship where someone provides financial support out of goodwill or personal interest.

grants

Financial awards, usually from a foundation or government.

endowment

A fund or property donated to an institution as a source of income.

FAQs

How to use "financial backing" in a sentence?

"Financial backing" typically refers to the act of providing monetary support for a project, organization, or individual. For example, "The project secured significant "financial backing" from investors."

What can I say instead of "financial backing"?

You can use alternatives like "monetary support", "funding", or "capital investment" depending on the context.

Which is correct, "financial backing" or "financially backing"?

"Financial backing" is a noun phrase referring to the support itself. "Financially backing" would be used as a verb phrase, describing the action of providing support. For example, "They are "financially backing" the project."

What's the difference between "financial backing" and "financial support"?

While similar, "financial backing" may imply a more active and sustained involvement, suggesting a continuous contribution to a project's success. "Financial support" can be a one-time contribution or a more general term. "Financial backing" often comes with an expectation of returns.