Grubstake (Verb)
Meaning
Supply with funds in return for a promised share of profits.
Classification
Verbs of buying, selling, owning.
Examples
- The wealthy investor agreed to grubstake the startup in exchange for a significant share of the company's future profits.
- Her family grubstaked her new business venture, covering the initial startup costs and providing ongoing financial support.
- The two friends grubstaked each other's fledgling companies, sharing the risks and potential rewards of their entrepreneurial endeavors.
- A local philanthropist offered to grubstake the new community center, providing much-needed funds for its construction and operation.
- Several investors came together to grubstake the struggling artist, enabling her to complete her ambitious new project.