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/ˈfʌndɪd/
Meaning & Definition
verb
Provided with financial resources or capital.
The project was fully funded by a generous grant from the government.
Having received the necessary funding.
Once the campaign was funded, the team set to work on implementation.
To have secured monetary support for a program or initiative.
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
Slang Meanings
Fully supported financially.
They are completely funded, so there's no need to worry about expenses.
Having enough cash backing.
That venture is funded out the wazoo.