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Definitions from the Web

Sponser

Part of Speech: Noun

Sense 1:

A person or organization that provides financial support to an event, project, or individual.

Sample sentence: The local bakery became the main sponser of the community's annual charity run.

Part of Speech: Verb

Sense 1:

To provide financial or other forms of support to an event, project, or individual.

Sample sentence: The company decided to sponser the school's science fair by donating the necessary equipment.

Sense 2:

To endorse or support a product, service, or organization publicly.

Sample sentence: The famous athlete agreed to sponser the new sports drink and appear in its commercials.