sponsor

Verb

(transitive) If you sponsor an event or you sponsor somebody to do an event, you give them money, usually in exchange for advertising.
The contest in public school art classes is sponsored by the manufacturers of Ivory soap.

The institute has sponsored several conferences, meetings and publications, including this book.

The event, sponsored by Northside Lexus, begins at 7:00.
(transitive) If a politician sponsors a law, they officially support it.
Don't expect Senator Schaffer to sponsor legislation around those issues.
(transitive) If you sponsor somebody, you agree to help them and be responsible for them.
He discovered that no company would sponsor him for a work visa.

(countable) A sponsor is someone who gives money to an event or to somebody to do an event, usually in exchange for advertising.
Without corporate sponsors, the event will not run this year.
(countable) A sponsor is somebody who officially supports a law.
He was the only sponsor of a bill to cut $1.5 billion from government spending.
(countable) A sponsor is somebody who agrees to help another person and be responsible for them.
The United States, demanded immigrants have a sponsor willing to financially support them