what does as sponsor mean in contract
: a person or organization that pays the cost of an activity or event (such as a radio or television program, sports event, concert, etc.) in return for the right to advertise during the activity or event.. : a person or an organization that pays for or plans and carries out a project or activity; especially: one that pays the cost of a radio or television program usually in return for advertising time during its course. â sponÂ·soÂ·riÂ·al \spaen-spÃ¤n-ËsoÌr-Ä\ Él. â adjectiveÂ·sponÂ·sor \ship(Ëspaen)-ËspÃ¤n-t\ sÉr. Ëship noun