Definitions

1. noun

A bag worn on the back, typically used for carrying books, clothes, or other personal items.

“She packed her backpack with snacks and water for the hike.”

2. verb

To carry or store something in a backpack.

“You should backpack your books instead of carrying them in your hands.”

3. noun

A type of investment in which a sum of money is invested in a company or project, typically in exchange for equity or a share of the profits.

“The venture capitalists used their money to backpack the new startup.”