1. provided with money, supplies, or equipment in return for a share of profits from a mining venture or other enterprise
Usage: past tense of grubstake; primarily used in mining contexts

Examples

• The prospector was grubstaked by a wealthy businessman who hoped to profit from any gold discoveries.
• Many miners in the 1849 Gold Rush were grubstaked by investors from back east.
• She grubstaked three different mining operations before finally striking it rich.
• The old-timer grubstaked young prospectors in exchange for half their findings.
• After being grubstaked with supplies and equipment, the miners headed into the mountains.
• He grubstaked the expedition with $5,000 worth of tools and provisions.