What do sponsorship mean

Type your query and find out all about it! The definition of sponsorship largely depends on the context you want to frame it. Nevertheless, the two most common ways to describe it are the following:. I have over 50 sponsors for next week's race. Her sponsors include a major sneaker company. He agreed to be my sponsor so that I could join the club. The senator is a sponsor of the proposed bill. Verb The radio station sponsored the concert. The tournament is sponsored by local businesses.

Will you sponsor me for the charity race? He sponsored me at my confirmation. She sponsored the new tax bill. Dorfman, chicagotribune. First Known Use of sponsor Noun , in the meaning defined at sense 1 Verb , in the meaning defined above.

Learn More About sponsor. Time Traveler for sponsor The first known use of sponsor was in See more words from the same year. From the Editors at Merriam-Webster. Style: MLA. English Language Learners Definition of sponsor Entry 1 of 2. Kids Definition of sponsor Entry 1 of 2. Sports — rename competitions, cups and leagues, brand their development programmes, improve facilities.

Events — allow use of their logo on sponsors' products, provide free products to participants, and fund the running of the event. Benefits for sport Individuals — covers costs such as kit, equipment, travel, accommodation, competition fees, time to train.

Teams and clubs — subsidises kit, equipment, grounds or clubhouse maintenance. Sports — pays for coaching and coach development, beginner programmes, talent development. Disadvantages for sport Sponsorship can be limited or easily withdrawn — no security. A performer can become reliant on a particular sponsor, which could then pull out. Some sponsorship for example, alcohol gives a bad image to sport.

Generous sponsorship is only available to the elite few. Performers, teams and events can be manipulated or exploited to suit the sponsor. Difficulty of minority sports or those with little media coverage to attract sponsorship. Benefits for sponsors Raises awareness of their company or brand.