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

Last year Marriott International - the world's largest hotel company - decided not to extend its sponsorship agreement, external with United after its contract expired.

From BBC

Sweeney also believes there is potential for sponsorship or advertising revenue.

From BBC

After falling out with the Norwegian ski federation over sponsorship rights, Braathen stepped away from the World Cup circuit in the 2023-24 season before returning under the Brazilian flag in October 2024.

From Barron's

"Citizen loans, appeals for donations, corporate sponsorship, or any other 'raffle' scheme -- this is now what part of the funding for our public hospitals boils down to."

From Barron's

An annual event aimed at giving LGBTQ+ students networking opportunities is set to end after 21 years in London due to a drop in corporate sponsorship.

From BBC

Related Words

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