funding

Definition 1

Providing financial resources to finance a need, program, or project. In general, this term is used when a firm fills the need for cash from its own internal reserves, and the term 'financing' is used when the need is filled from external or borrowed money.

Definition 2

Grant of authority to an agency, department, or unit to incur monetary obligations and to pay for them.

Definition 3

Transferring ownership of assets to a trust to avoid probate.


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