privatebacking
nounUK /ˈpraɪvət ˈbækɪŋ/
US /ˈpraɪvət ˈbækɪŋ/
Money or help from someone that is not the government.
The new playground was built with private backing from a kind neighbor.
OTHER MEANINGS
2. Secret help given to someone without others knowing.
The team won with private backing from a quiet fan.
3. Support from a person or company rather than a public group.
Her art show got private backing from a local shop.
4. Money from a family or business to start something new.
The little bakery opened with private backing from the owner's uncle.