funding

UK /ˈfʌndɪŋ/ US /ˈfʌndɪŋ/
noun 2

Definitions

noun

1

The action of the verb fund.

However the collapse in demand for rail and air travel caused by the pandemic has had a knock-on effect for the project's funding.

2

Money provided as funds.

The council is providing funding to the church to repair the roof.

Second, a bank can commit to provide a maximum amount of money (e.g., $US1,000,000) in one or more fundings over a set period of time (e.g., one year). Such credit facilities are called “lines of credit.”

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