financed
v. B2 Upper Intermediate US //ˈfaɪˌnænst// UK //faɪnˈænst// fi·nanced
v. to provide the money needed to pay for something. You use this when a person, bank, or government gives the funds for a large project or purchase.
v. to provide funding for a person, project, or enterprise. Often used in the passive voice to indicate the source of capital for a commercial or public venture.
The bank financed the purchase of their new home.
The city council financed the new park through a combination of local taxes and private donations.
The ambitious expansion into the Asian market was financed primarily through a series of high-interest loans and the issuance of new corporate bonds.
Usage
The verb is transitive and requires a direct object representing the thing being paid for.