sponsor


Also found in: Dictionary, Thesaurus, Medical, Financial, Acronyms, Encyclopedia, Wikipedia.

sponsor

noun advocate, auctor, backer, benefactor, champion, favorer, guarantor, guardian, insurer, patron, promoter, protector, succorer, surety, sympathizer
Associated concepts: sponsor of legislation

sponsor

verb accept responsibility for, act as surety for, answer for, assure, back, be responsible for, befriend, certify, champion, defend, endorse, ensure, favor, finance, financier, guarantee, insure, patronize, pay for, promote, protect, provide for, put up the money, stand behind, subscribe to, support, sustain, sympathize, take responsibility for, underwrite, uphold, vouch for, warrant
Associated concepts: sponsor a bill
See also: avouch, backer, bestow, capitalize, creditor, espouse, finance, fund, guarantee, guarantor, guardian, invest, nurture, organize, partisan, patron, promote, promoter, proponent, protect, surety, underwrite

SPONSOR, civil law. He who intervenes for another voluntarily and without being requested. The engagement which he enters into is only accessory to the principal. Vide Dig. 17, 1, 18; Nov. 4, ch. 1 Code de Com. art. 158, 159; Code Nap. 1236 Wolff, Inst. Sec. 1556.

References in periodicals archive ?
Administrative Policy Regarding Self-Correction (APRSC), which permits a plan sponsor with established compliance practices and procedures to correct "insignificant" operational failures without IRS approval, or a fee, and to amend "significant" failures within a two-year period with IRS approval.
There is no law or regulation that prohibits the sponsor from holding the share apartment indefinitely," says Warren Wexler, a spokesman for the Real Estate Board.
I want to help kids move on to bigger and better sponsors and go out and support them in competitions.
Alternatively, if the Company's principal asset is a debt instrument or other obligation issued by the sponsor, the sponsor could be viewed as attempting to use deductions from that debt instrument or obligation to shelter income, without ever having to recognize its share of the income corresponding to those deductions.
The EITF agreed the net equity of the operating partnership, after the contributions of the sponsor and the REIT, multiplied by the sponsor's ownership percentage in the operating partnership, represents the amount to be reported initially as minority interest in the REIT's consolidated financial statements.
Imagine that by understanding your plan members based on demographics -- much o which is captured in a 401 (k) recordkeeping system -- a plan sponsor or a service provider could anticipate the asset-accumulation or distribution needs.
As of deadline, the owner of the unit, formerly the sponsor of the conversion, has decided to appeal.
Under VCR, a plan sponsor who discovers a defect in a plan intended to qualify under Sec.
The plan sponsor can select AA-rated (or better) counterparties, or it can settle the swap transactions more frequently, thereby diminishing the amount of exposure.
Our enhanced Sponsor Connect Web site gives plan sponsors easy-to-understand performance dashboards and business intelligence reporting, right at their desktops, guarded by the highest levels of security," said Dave Tolve, CitiStreet executive vice president for Web development.
Since in New York the original sponsor essentially guarantees the obligation of any subsequent sponsor to pay maintenance, it is very important to them to sell to a financially strong and responsible firm like Cheshire.
Plan sponsors who do not timely amend their plans face potential loss of the plan's tax-qualified status, which may result in significant tax penalties.