sponsorship

[spon-ser-ship]

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.

Word History and Origins

Origin of sponsorship¹

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

Example Sentences

Ballmer said the sponsorship deal with Aspiration was completed in September 2021 and that the Clippers introduced Leonard to Aspiration two months later.

From Los Angeles Times

With Kang at the helm, the club is run very differently - operating in female sports markets and attracting independent sponsorships.

From BBC

Back in Hollywood, influencers have set up shop in a crumbling mansion with an infamous past, desperate to go viral; the owners of the property are looking for sponsorship money to pay for its repairs.

From Los Angeles Times

Never mind, for the moment, the sponsorships with Asian airlines, retailers, beverage companies, and so on.

From Los Angeles Times

On top of that, you can add ticket sales, merchandise, additional sponsorship and a whack of corporate cash.

From BBC

Related Words

• aegis 
• aid 
• auspices www.thesaurus.com
• backing 
• patronage 
• sponsor