Sponsorship (Noun)
Meaning
The act of sponsoring (either officially or financially).
Classification
Nouns denoting acts or actions.
Examples
- The local business secured a major sponsorship deal with a prominent media outlet for the upcoming charity event.
- Several organizations have withdrawn their sponsorship of the team after the recent match-fixing scandal.
- The company's sponsorship of the art exhibition provided much-needed funding for the local artists.
- In exchange for the sponsorship, the company expects prominent branding on all event promotional materials.
- The charity relies heavily on sponsorship from large corporations to support its community projects.