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The hope now will be that the euro zone nations have agreed on a backstop it won't ever have to use.
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The existence of a backstop technology is summarised as follows.
The catcher is the game's permanent point person, an on-field manager, a backstop, strategist, therapist, friend.
They say that the "bureaucrats" — on the Independent Payment Advisory Board — are a backstop to help control costs and cannot recommend rationing care, increasing premiums or cutting benefits.
The government's reliance on detention as a backstop to trials shows that it is the foundation for incapacitating high-level terrorists in this war.
Uber said on Friday it had a "backstop" insurance policy that would cover customers if a driver had an accident without insurance.
But Mr. Repetto said that MF Global did not face an immediate crisis as a result of its debt exposure, noting that the firm could rely on the European Financial Stability Facility as a backstop.
The government is providing a backstop on all but $42 billion of Wachovia's $312 billion of risky assets.
While the authors of the report contend that it was intended to set a new direction for federal housing policy, its reliance on a government backstop is awfully familiar.
Having said that, the more important point is that until these programs are really up and running — until the banks have the capital on their balance sheets, and until companies that need to sell commercial paper know that they can count on the Fed to be a backstop, and until some of those toxic assets are taken off bank balance sheets — it's not surprising that investors are feeling cautious.
That made little sense: if a backstop were provided only on such terms, what would be the point of it?
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com