Sponsor

/ˈspɒnsər/

Meaning & Definition

noun
A person or organization that financially supports an event, activity, or individual.
The marathon was made possible by a generous sponsor who provided funds for the event.
A person or group that assumes responsibility for a proposal or for someone else's obligations.
The company's sponsorship allowed the local team to participate in the national tournament.
verb
To support a person, organization, or activity financially or provide assistance.
The firm decided to sponsor a scholarship for underprivileged students.
To assume responsibility for a proposal or initiative, typically in a formal context.
The senator agreed to sponsor the bill in Congress to promote renewable energy.

Etymology

From Latin 'sponsorem', meaning 'guarantor, pledger'.

Common Phrases and Expressions

lead sponsor:
The primary supporter or financier of an event or initiative.
sponsor a program:
To provide funding for a specific initiative or project.
sponsored content:
Content that is paid for by a sponsor, often seen in media.

Related Words

Slang Meanings

Big cheese
He's the big cheese around here, always securing sponsors for the events.
Cash cow
The event has become a cash cow for the sponsors due to its popularity.