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What does funding mean?

Updated: 1/11/2023
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Wiki User

11y ago

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If you have budgeted a certain amount of money for a certain purpose, let us say, you have $1000 to produce a party, and you have decided to spend $500 on drinks, $200 on snacks, $100 on decorations, and $100 to hire an entertainer, that adds up to $900; if you have not decided what you want to do with the remaining $100, then that money constitutes unallocated funds. It is unallocated because you have not decided what it is for.

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Felton O'Hara

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2y ago
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Llewellyn Hermiston

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1y ago

I believe 'zeroed funding' means that promised/requested funding is taken away.

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Nakia Fritsch

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2y ago

by loser

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Wiki User

10y ago

It means a legally established entity for the purpose of harboring resources for a given objective. Examples of funds are investment funds, mutual funds, hedge funds, endowment funds, etc.

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10y ago

It means that money has been set aside to pay for an activity or program.

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