Sponsorship

/ˈspɒnsərʃɪp/

Meaning & Definition

noun

The position of being a sponsor, or financial support, typically provided for a specific event, activity, or individual.

The local business provided sponsorship for the annual charity run.

An arrangement where a company pays for the funding of an event, project, or individual in exchange for advertising or promotional benefits.

The concert received significant sponsorship from major brands to help cover the costs.

The act of sponsoring someone or something, often in a professional or competitive context.

Her sponsorship by the swim team allowed her to compete in international events.

A relationship where a sponsor supports an initiative or program, often linked with a commitment to social responsibility.

Many educational programs depend on sponsorship from corporations to operate.

From the Latin 'sponsorship', derived from 'sponsor' meaning 'guarantor' or 'promoter'.

sponsor a team

to provide financial support for a sports team in exchange for advertising.

major sponsorship

significant financial support for a large event or project.

corporate sponsorship

financial or in-kind support given by corporations to various events or causes.

sponsor

An individual or organization that provides support, typically financial, to a project, event, or individual.

patron

A person who provides financial support for the arts or other endeavors.

funding

The act of providing financial resources for a particular purpose.

Sponsoring something on the down-low

They're sponsoring that party, but it's all hush-hush.

Big bucks for sponsorship

The event got big bucks for sponsorship from several companies.