Funding
/ˈfʌndɪŋ/
Definitions
2 meaningsMoney provided for a particular purpose.
/ˈfʌndɪŋ/
The act of providing money for a particular purpose.
The project received significant funding from a private investor.
💡 Simply: Imagine you need money to buy a new toy or start a lemonade stand. Funding is like asking someone to give you that money! Like, the school might need funding to buy new computers.
👶 For kids: Money to help pay for something.
More Examples
The university is dependent on government funding.
They are seeking funding to build a new community center.
How It's Used
"The company is seeking funding for a new research project."
"The government allocated additional funding to improve the public transportation system."
"Lack of funding is a major challenge for many schools."
The action of providing money for a specific purpose or project, used as a gerund.
/ˈfʌndɪŋ/
The act of providing funds or money.
Funding the project will require a substantial budget.
💡 Simply: If you are funding, you are giving money to someone or something, like when a big company is giving money for new inventions.
👶 For kids: Giving money to help someone or something.
More Examples
The organization is dedicated to funding research into Alzheimer's disease.
Lack of funding is hampering the development of new technologies.
How It's Used
"The bank is funding the project to get it started."
"The government is funding the construction of a new highway."
"We are actively funding programs for underprivileged children."
Idioms & expressions
seed funding
The initial capital provided to start a new business or project.
"The startup secured seed funding from angel investors."
crowdfunding
The practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet.
"They used crowdfunding to raise money for their independent film."
From the verb 'to fund,' which comes from the noun 'fund,' ultimately from Latin 'fundus' meaning 'bottom' or 'foundation.' The financial sense of 'fund' and its derivative 'funding' emerged in the 17th and 18th centuries.
The word's use has grown significantly with the increasing complexity of financial transactions and government projects.
Memory tip
Think of a fund – it's a pot of money. Funding is the act of getting money into that pot.
Word Origin
"Foundation"