Definition, Meaning & Synonyms
sponsorship
noun
/ˈspɒnsəʃɪp/
Definition
The act of supporting a person, organization, or activity by providing funds or resources in exchange for promotional benefits.
Examples
- The local business offered sponsorship for the youth sports team.
- Many events rely on sponsorship to cover costs and reach a larger audience.
Meaning
Sponsorship refers to a partnership where one party provides money or resources to another in return for advertising or publicity opportunities.
Synonyms
- support
- backing
- endorsement
- patronage
