grubstaker

/ˈɡrʌbˌsteɪkər/
noun
  1. A person who provides money or supplies for a venture (such as mining or a business) in exchange for a share of the profits.
    • The grubstaker demanded a 30% share of any gold the miners found.
    • The old grubstaker was known for taking chances on young prospectors.
    • As a grubstaker, she helped launch three new restaurants in the city.
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