Promoter
/ˈprəʊməˌtə(r)/
Definitions
- (n.) A person or entity who takes the initiative in forming a company or undertaking a project, often responsible for its organization and promotion.
The promoter arranged the initial funding and gathered investors for the new corporation.
- (n.) An individual who acts to advance or support a particular cause, event, or activity, such as a concert or political campaign.
The promoter advertised the concert across multiple platforms to ensure high attendance.
Forms
- promoters
Related terms
See also
Commentary
In corporate law, a promoter is distinct from a director or shareholder as they undertake preliminary acts to establish the company.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.