Grubstake
Term · Industrial and trades · MLC-T-IND-002677
An agreement where one party provides supplies, equipment, or money to a prospector in exchange for a share of any discoveries or claims made. This arrangement was common during historical gold rushes and mineral booms, allowing individuals to finance their exploration efforts. The terms of a grubstake are typically legally binding.
| Identifier | MLC-T-IND-002677 |
|---|---|
| Field | Industrial and trades |
| Subject | Mining and extraction |
| Translations | German: Grubstake; Spanish: grubstake; French: grubstake |
Record as JSON
{
"id": "MLC-T-IND-002677",
"term": "Grubstake",
"field": "Industrial and trades",
"definition": "An agreement where one party provides supplies, equipment, or money to a prospector in exchange for a share of any discoveries or claims made. This arrangement was common during historical gold rushes and mineral booms, allowing individuals to finance their exploration efforts. The terms of a grubstake are typically legally binding.",
"subject": "Mining and extraction",
"translations": {
"de": "Grubstake",
"es": "grubstake",
"fr": "grubstake"
},
"url": "https://mlchart.com/terminology/industrial/grubstake/"
}
Record 2,947 of 7,361 in Industrial and trades terminology (MLC-0113). Request the full dataset.