Grubstaked: meaning, definitions and examples
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grubstaked
[ ˈɡrʌbsteɪkt ]
investment context
Grubstaked refers to the act of providing financial support or supplies to someone, typically a prospector or adventurer, to enable them to pursue a venture, especially in mining. The term has its roots in the early 19th-century practices where 'grub' meant food or provisions, and 'stake' referred to a financial investment.
Synonyms
Examples of usage
- The prospector was grubstaked by his friends before heading into the mountains.
- She grubstaked the team of geologists to continue their exploration.
- Investors grubstaked new miners hoping to find a gold rush.
Translations
Translations of the word "grubstaked" in other languages:
🇵🇹 financiado em troca de participação
🇮🇳 निवेश किया गया
🇩🇪 finanziert gegen Beteiligung
🇮🇩 dibiayai dengan imbalan
🇺🇦 фінансований у обмін на частку
🇵🇱 finansowany w zamian za udział
🇯🇵 出資を受けた
🇫🇷 financé en échange d'une participation
🇪🇸 financiado a cambio de participación
🇹🇷 ortaklık karşılığında finanse edilmiş
🇰🇷 지분에 대한 자금 지원
🇸🇦 ممول مقابل المشاركة
🇨🇿 financováno výměnou za podíl
🇸🇰 financované výmenou za podiel
🇨🇳 以股份换取资金
🇸🇮 financirano v zameno za delež
🇮🇸 fjármagnað í skiptum fyrir hlutdeild
🇰🇿 үлеске айырбастау арқылы қаржыландырылған
🇬🇪 ფინანსდება წილების სანაცვლოდ
🇦🇿 paytaxt qarşılığında maliyyələşdirilmiş
🇲🇽 financiado a cambio de participación
Etymology
The word 'grubstake' emerged during the California Gold Rush in the mid-19th century, originally used by miners and those involved in prospecting. It is thought to be a blend of 'grub,' meaning provisions or food, and 'stake,' which refers to a financial interest or investment. The term signified an arrangement where more wealthy individuals would provide resources to less affluent individuals in exchange for a share in potential profits from mining ventures. Over time, its usage has extended beyond mining to refer to any situation where someone is given support to pursue a project or adventure. Though rooted in specific historical context, the concept of grubstaking has evolved and is now applicable in various fields, illustrating the way that language and meaning can shift according to societal changes.