Also means
backrest
Usage Note
Respaldo means backing or endorsement in abstract contexts: el respaldo del gobierno (government support). It also literally means the back or backrest of a chair (el respaldo de la silla). The verb respaldar means 'to back' or 'to support'. Do not confuse with apoyo, which is more general.
Examples
"El proyecto cuenta con el respaldo del alcalde."
Natural Translation
The project has the mayor's support.

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