Define sponsor in atleast 2-3 lines.
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a person or organization that pays for or contributes to the costs involved in staging a sporting or artistic event in return for advertising.
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A sponsor provides support for someone or something, typically by supplying cash. Because your company is a sponsor for a homeless organization, they provide funding for the annual 5K run to raise money for the shelter. The word sponsor stems from the Latin word spondre, meaning "give assurance, promise solemnly."
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