Meaning & Definition of word "Funded"
Funded
/ˈfʌndɪd/
verb:
- 1. Provided with financial resources or capital.
- Example: The project was fully funded by a generous grant from the government.
- 2. Having received the necessary funding.
- Example: Once the campaign was funded, the team set to work on implementation.
- 3. To have secured monetary support for a program or initiative.
- Example: The nonprofit organization was thrilled to learn that their initiative had been funded for another year.
Etymology
●The word 'funded' comes from the base word 'fund', which refers to a sum of money set aside for a specific purpose, combined with the suffix '-ed' indicating the action of having money provided.
Common Phrases and Expressions
self-funded:
Financially supported by oneself without outside assistance.
funded project:
A project that has received financial resources for its execution.
funding round:
A phase in which a startup seeks investment from venture capitalists.
Related Words
fund:
A sum of money saved or made available for a particular purpose.
finance:
The management of large amounts of money, especially by governments or large companies.
investment:
The action or process of investing money for profit.
Slang Meanings of funded
Meaning: Fully supported financially.
● Example Sentence: They are completely funded, so there's no need to worry about expenses.
Meaning: Having enough cash backing.
● Example Sentence: That venture is funded out the wazoo.