noun
- money or supplies provided to someone in return for a share in the profits of their venture, especially in mining
Usage: historical; mining
verb
- to provide someone with money or supplies in return for a share in the profits of their venture
Usage: historical; mining
Examples
- The prospector needed a grubstake to buy equipment and supplies for his mining expedition.
- Several investors agreed to grubstake the young entrepreneur’s gold mining operation.
- In exchange for the grubstake, he promised to share half of any gold he found.
- The mining company would grubstake promising prospectors in remote areas.
- Without a proper grubstake, most miners couldn’t afford the tools they needed.
- She used her savings to grubstake her brother’s search for silver.
- The grubstake covered food, tools, and transportation to the mining site.