What context can I use each word in?
Learn when and how to use these words with these examples!
financed
Example
The new building was financed by a group of investors. [financed: past tense]
Example
She needed to find a way to finance her startup. [finance: verb]
sponsor
Example
The company agreed to sponsor the charity event. [sponsor: verb]
Example
She found a sponsor for her art exhibition. [sponsor: noun]
Good things to know
Which word is more common?
Financing is more commonly used in the context of business or investment, while sponsoring is more commonly used in the context of events, organizations, or causes.
Whatโs the difference in the tone of formality between financed and sponsor?
Financing is typically associated with a more formal tone, while sponsoring can be used in both formal and informal contexts.