AskDefine | Define grubstake

Dictionary Definition

grubstake n : funds advanced to a prospector or to someone starting a business in return for a share of the profits v : supply with funds in return for a promised share of profits

User Contributed Dictionary

English

Noun

  1. An amount of money advanced to someone starting a business in return for a share of the future profits

Verb

to grubstake
  1. To supply such funds

Extensive Definition

An advance payment, or simply an advance, is the part of a contractually due sum that is paid in advance, while the balance will only follow after receipt on the counterpart in goods or services.
grubstake in Serbian: Аванс

Synonyms, Antonyms and Related Words

angel, back, backing, bankroll, capitalization, capitalize, deficit financing, finance, financial backing, financial support, financing, fund, funding, patronization, patronize, pay for, provide for, provision of capital, refinance, set up, sponsor, sponsorship, stake, subsidize, subsidy, support
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