sponsorship

American  

[spon-ser-ship] / ˈspɒn sər ʃɪp /

noun

1. the position or function of a person or group who vouches for, supports, advises, or helps fund another person or an organization or project.

   The money from your sponsorship will go towards paying the child's school fees and ensuring they get three meals a day.

2. an arrangement under which a company helps fund a radio or television program, a convention or other event, or a charitable organization in return for an opportunity to advertise.

   For health-based nonprofits, securing a sponsorship from a pharmaceutical company can be a great asset, because of the money and other support it provides.

3. Christianity. the position or function of a person who promises to mentor a youth or new convert preparing for confirmation or initiation, or who answers for an infant at baptism.

   A simple “I’m praying for you” text message to the candidate can be a powerful reminder that you take your sponsorship seriously.

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Etymology

Origin of sponsorship

sponsor ( def. ) + -ship ( def. )

Example Sentences

Corporate sponsorships spiked and tournament prize money grew by a factor of five.

From The Wall Street Journal

But with the loss of boosts to commercial and sponsorship revenue for the next 12 months and beyond, there is no doubt the FAW will feel the pinch.

From BBC

Fans will probably notice that the biggest difference this year is the $125-million sponsorship deal with Uniqlo, a Japanese apparel company that bought center field.

From Los Angeles Times

The setup also creates new opportunities for hospitality and sponsorship tied to the broader campus.

From Los Angeles Times

GB1 issued a statement in response, in which they said they "appreciate the sponsorship and support of Ineos over the last two campaigns" but maintained the boat was theirs.

From BBC

Related Words

• aegis
• aid
• auspices
• backing
• patronage
• sponsor