One of the mysteries of the English language finally explained.
1‘the production cost £50,000, most coming from local sponsors’
backer, patron, promoter, subsidizer, benefactor, benefactress, guarantor, underwriter, supporter, friend
1‘Cathay Pacific sponsored the event’
finance, put up the money for, fund, subsidize, underwrite, back, promote, lend one's name to, be a patron of, act as guarantor of, support
informal foot the bill for, pick up the tab for
North American informal bankroll
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