Deep-pocketed

The term 'deep-pocketed' describes individuals or organizations that possess significant financial resources or wealth. It typically implies the ability to invest or spend large sums of money, often influencing markets, funding initiatives, or driving competitive advantages in business and philanthropy. deep-pocketed entities are characterized by their financial resilience and capability to absorb substantial expenditures.

Deep-pocketed meaning with examples

• The deep-pocketed investor decided to fund a new tech startup, believing in its innovative potential. With ample resources at his disposal, he provided the necessary capital to accelerate product development and enhance marketing strategies, giving the startup a competitive edge in a crowded marketplace.
• During the charity auction, several deep-pocketed guests bid generously on exquisite items. Their willingness to spend large amounts of money was evident as they competed for rare collectibles, aiming to contribute significantly to the cause while also showcasing their wealth to fellow attendees.
• The deep-pocketed corporation acquired a smaller competitor to expand its market reach. The acquisition provided them with new technologies and talent, allowing for more aggressive expansion strategies and further solidifying their position as a leader in the industry, given their vast financial resources.
• In politics, deep-pocketed donors often play a crucial role in funding campaigns. Candidates with the backing of wealthy contributors typically can afford extensive advertising and outreach efforts, potentially swaying public opinion and increasing their chances of election success.
• The film industry thrives on deep-pocketed producers who are willing to invest in ambitious projects. Their financial backing can turn a creative vision into a blockbuster success, enabling directors and writers to create memorable cinematic experiences without worrying about budget constraints.