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What does unbacked mean?

Looking for the meaning or definition of the word unbacked? Here's what it means.

Adjective
  1. Having no back
  2. Having no (or few) backers
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Examples
Washington Irving really could still be anything at this trip, and at 40-1 I can't let him run unbacked.
At the top of the theater, the benches are steep, unpadded, unbacked.
Some specialty wallpapers like foils, unbacked and grasscloths require the use of lining paper.
Today, they give the same old unbacked money a pretty facelift every few years and then go about devaluating it still further.
Such large amounts of unbacked paper could lead to but one result, a steadily increasing depreciation.
It is a fiat standard, unbacked and irredeemable, which can be inflated and depreciated at will.

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