Definition, Meaning & Synonyms
sponsorship
noun
/ˈspɒnsərʃɪp/
Definition
The act of supporting an event, activity, person, or organization through financial or in-kind contributions.
Examples
- Many local businesses offer sponsorship for community events.
- The athlete secured a sponsorship deal with a leading sports brand.
- The festival received sponsorship from numerous companies.
Meaning
Sponsorship involves a partnership where one party provides support or funding to another, often in exchange for advertising or recognition.
Synonyms
- support
- backing
- funding
- patronage
- endorsement
