IPA: /ˈspɒn.sə/
KK: /ˈspɑn.sɚ/
A person or organization that provides financial support for a project or event, often in exchange for advertising or recognition.
The local business decided to be a sponsor for the community festival.
To support or provide financial assistance for an event, activity, or individual, often in exchange for advertising or recognition.
The company decided to sponsor the local sports team this season.
Past: sponsored
Past Participle: sponsored
Sponsor → It is formed from "spondere" (meaning to promise or pledge). The word "sponsor" refers to someone who makes a promise or pledge to support an event or individual.
Think of someone making a 'promise' ('spondere') to support something — that's why a sponsor is someone who pledges support.