Meanings of federal backstop in anglès

If losses from an attack exceed a set amount, the federal backstop kicks in.

It creates a federal backstop that kicks in once insurers lose a certain amount of money.

To ensure taxpayers are protected, fees would be levied on mortgage-backed securities to fund the federal backstop.

The federal backstop has never been triggered.

If losses from an attack exceed a set amount, a federal backstop kicks in to offset insurers' payouts.

It establishes a federal backstop that kicks in if insurers lose a certain amount of money after an attack.

The terrorism program creates a federal backstop in case insurers lose a certain amount of money in a terrorist attack.

The program established a federal backstop that would kick in after an attack if insurers lost a certain amount of money.

Hensarling's Financial Services Committee voted to give the program five more years and to increase the amount of losses needed to trigger the federal backstop.

TRIPRA is the latest reauthorization of the Terrorism Risk Insurance Act of 2002 (TRIA) and extends the federal backstop until the end of 2020.

He emphasized his position that banks that enjoy the support of federal backstops should not be taking the risks associated with proprietary trading.

It prohibits banks, which receive federal backstops like deposit insurance, from trading for their own profit in securities, derivatives and certain other financial instruments.