Meaning of "Sponsor"
A person or organization that supports an activity or organization by providing funding or infrastructure to help it achieve its goals
"Thanks to sponsors from local companies, the entry fee for this event has been reduced."
Related slang words
Royalty incomeThis is a form of commission-based income generated by receiving a certain percentage of the profits derived from the sales (revenue) of subordinate team members, even without engaging in direct labor or sales activities; it is typically received in the form of a pension or regular payments.DormitoryThis is a facility where people live together in isolation from the outside world and engage in repetitive educational and training activities.Geoma University studentThis is a collective term used to describe college students who live in communal housing in certain areas of Seoul (such as the Geoyeo and Machon districts) and are drawn into unfair business practices like multi-level marketing and fraudulent schemes.Exit 10 at Seolleung StationThis term refers to "Exit 10" at Seolleung Station, a specific subway station. It is known as a former gathering place where multi-level marketing and fraudulent sales organizations used to lure new recruits, and has since come to be used metaphorically to describe similar fraudulent or solicitation schemes.Buy ItemsThis refers to a scam in which a person pretends to sell rare items in online games or similar platforms, receives payment, but then fails to deliver the items.Cryptocurrency pyramid schemeThis is a modern-day pyramid scheme in which operators pose as legitimate, publicly traded virtual assets, lure investors by promising high returns, and use funds from new investors to pay existing ones, thereby sustaining the scheme.Boxing ScamThis is a form of market manipulation in which the price of a specific stock is kept fluctuating within a narrow range to create the expectation of profits based on that trend, thereby attracting retail investors and ultimately offloading the stock onto them.PromotionThis refers to the process of progressively advancing through ranks or job levels—such as Silver, Gold, and Diamond—by meeting specific performance criteria, such as sales targets or recruitment goals.