What context can I use each word in?
Learn when and how to use these words with these examples!
backer
Example
John is a backer of the local theater company, providing funds for their productions. [backer: noun]
Example
The company secured a backer for their new product, ensuring its successful launch. [backer: noun]
investor
Example
She is an experienced investor, always looking for opportunities to grow her wealth. [investor: noun]
Example
The startup attracted several investors who believed in their innovative product. [investors: plural noun]
Good things to know
Which word is more common?
Investor is more commonly used than backer in business and financial contexts. Investor is a widely recognized term that encompasses various types of financial support, while backer is less common and often used in specific contexts such as crowdfunding or supporting creative projects.
Whatโs the difference in the tone of formality between backer and investor?
Both backer and investor can be used in formal and informal contexts. However, investor is generally associated with a more formal tone due to its common usage in business and financial settings.