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Sponsors Meaning: Definition, Examples, and Translations

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sponsors

[ˈspɒnsəz ]

Definitions

Context #1 | Noun

business

A person or organization that provides funds or resources for a project, activity, or organization in exchange for some form of recognition or benefit.

Synonyms

backer, donor, patron, supporter.

Which Synonym Should You Choose?

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Word Description / Examples
backer

A backer usually refers to someone who supports a project, business, or endeavor, often with financial contributions. It's commonly used in the context of startups or creative projects.

  • The indie film received a lot of contributions from its backers on crowdfunding websites.
  • The startup finally launched its product after securing enough backers.
supporter

A supporter is a person who supports a person, cause, team, or organization, typically through regular contributions or advocacy. This term is broader and can include non-financial support.

  • He is a long-time supporter of animal rights organizations.
  • The soccer team has thousands of loyal supporters who attend every match.
patron

A patron is someone who provides financial or other support to an artist, organization, or institution, often in a cultural or artistic context. This term can convey a sense of ongoing support versus a one-time contribution.

  • She has been a patron of the arts for many years, supporting local theaters and galleries.
  • As a patron of this museum, you help preserve our cultural heritage.
donor

A donor is an individual or organization that gives something (usually money, but can also include time, blood, organs, etc.) to a cause, charity, or fund without expecting anything in return.

  • The hospital thanked all its blood donors for their life-saving contributions.
  • Donors have significantly added to our building fund.

Examples of usage

  • Many companies act as sponsors for local events to increase their brand visibility.
  • The sponsors of the charity event were acknowledged during the opening ceremony.
  • The museum relies on sponsors to fund its exhibitions and programs.
  • Without sponsors, the sports team would struggle to afford equipment and travel expenses.
Context #2 | Verb

business

To provide funds or resources for a project, activity, or organization in exchange for some form of recognition or benefit.

Synonyms

finance, fund, support, underwrite.

Which Synonym Should You Choose?

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Word Description / Examples
sponsors

Typically used when referring to individuals or organizations that provide financial or logistical backing for an event, project, or person in return for some kind of promotion or acknowledgement.

  • The marathon was a success thanks to its numerous sponsors.
  • We need to find sponsors to help cover the costs of the school trip.
fund

Typically used when talking about providing money for a particular purpose, often in a formal context. It can also refer to a pool of money set aside for a specific goal.

  • They plan to fund the research through government grants.
  • The new community center was built with funds donated by local businesses.
finance

Generally used in broader terms, involving the management of large sums of money, particularly by governments or large companies. This can also refer to the provision of funding for a person or enterprise.

  • The company is looking to finance its new expansion project.
  • He decided to finance his education through a combination of scholarships and loans.
support

Often used in a more general sense to indicate assistance, which can be financial, emotional, or logistical. It has a broader application than the other terms.

  • She needs emotional support from her friends during this tough time.
  • The charity received a lot of support from the local community.
underwrite

Frequently used in financial and insurance contexts, referring to the acceptance of financial risk in exchange for a premium or fee. It denotes a formal approval and backing, often by financial institutions.

  • The bank agreed to underwrite the bond issue.
  • An insurance company might underwrite policies to manage potential risks.

Examples of usage

  • The company decided to sponsor the community event to promote its brand.
  • We are looking for businesses to sponsor our upcoming conference.
  • They agreed to sponsor the local school's sports team for the season.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Business

  • Sponsors often gain visibility and brand recognition through events, allowing them to reach wider audiences.
  • In the realm of sports, sponsors play a crucial role; for example, many teams depend on sponsorship for funding and resources like uniforms.

Social Impact

  • Non-profit organizations often seek sponsors to fund activities, relying on their financial support to achieve social missions.
  • Educational programs frequently use sponsorships to enhance resources, from science fairs to after-school activities, emphasizing community involvement.

Pop Culture

  • Many popular TV shows and podcasts are funded through sponsorships, directly influencing the content seen by audiences.
  • In major events like the Super Bowl, sponsorship is a huge financial aspect, with companies spending millions for ad placement and visibility.

Technology

  • Tech startups often rely on sponsorship from larger companies to help launch innovative projects and gain traction in the market.
  • Crowdfunding platforms sometimes create sponsorship-like models where individuals can sponsor specific projects in exchange for rewards.

Origin of 'sponsors'

Main points about word origin

  • The word 'sponsor' comes from the Latin 'sponsus', meaning 'to promise' or 'betrothed', which reflects the commitment sponsors make to support.
  • In ancient Rome, a sponsor was someone who presented a gladiator for combat, indicating a protective role before it evolved to its current meaning.

The word 'sponsor' originated from the Latin word 'sponsus,' which means 'surety' or 'guarantor.' Over time, the term evolved to refer to individuals or organizations that provide financial support or resources for various endeavors. Sponsorship has been a common practice in business, sports, arts, and charity, allowing for mutually beneficial partnerships between sponsors and recipients.

See also: sponsor, sponsorship.

Word Frequency Rank

Position #8,988 indicates this is an advanced-level word. While not essential for basic communication, it will enhance your ability to understand and create more nuanced content.