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sponsor
(redirected from Sponsorship money)

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
sponsor
1. a legislator who presents and supports a bill, motion, etc.
2. 
a. an authorized witness who makes the required promises on behalf of a person to be baptized and thereafter assumes responsibility for his Christian upbringing
b. a person who presents a candidate for confirmation

sponsor [′spän·sər]
(communications)
The advertiser who pays part or all of the cost of a television or radio program.


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Last year, Time magazine reported that MLS has attracted almost $1 billion from new teams and owners, public stadium funding, and sponsorship money.
So they have taken the ambition--either through booster clubs or by solicitations--of going out and getting sponsorships and using that sponsorship money to purchase the kind of scoreboard system that they really want to have.
The event has become a major promotion tool for the firm, with major sponsorship money coming from Microsoft Corp.
 
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