Etymology
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championship (n.)

1812, "position of a champion," from champion (n.) + -ship. Meaning "competition to determine a champion" is recorded from 1893.

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Definitions of championship

championship (n.)
the status of being a champion;
Synonyms: title
championship (n.)
a competition at which a champion is chosen;
championship (n.)
the act of providing approval and support;
Synonyms: backing / backup / patronage
From wordnet.princeton.edu