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English definition of “sponsor”

sponsor

noun [C]
 
 
/ˈspɒnsər/
MARKETING a company or organization that provides money for a television or radio programme, website, sports event, or other activity in exchange for advertising: And now a word from our sponsors. We are grateful to our corporate sponsors for making this event free to the public.
GOVERNMENT someone in a position of authority who gives their support to a new idea, especially a new law: The bill is sponsored by one Democrat and one Republican.
someone who supports a person, organization, or activity by giving money: We encourage our employees to become sponsors of participants in the charity run.
(Definition of sponsor noun from the Cambridge Business English Dictionary © Cambridge University Press)
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