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funded

adj. · v.
US //ˈfəndəd// UK //fˈʌndɪd// fund·ed
  1. 1 having financial support (adj.)
    B2 Upper Intermediate

    having received the money needed for a project or business to happen.

    possessing the necessary financial resources or capital provided by an external source.

    Example

    The new community garden is fully funded by a local charity.

    Example

    The research team remained optimistic after the university confirmed that the laboratory would be fully funded for the next three years.

    Usage

    Often used with adverbs like 'fully', 'partially', or 'well'.
  2. 2 provided money for (v.)
    B2 Upper Intermediate Finance

    the past action of giving money to a person or organization for a specific purpose.

    the past tense and past participle of 'fund', meaning to have provided capital for a particular purpose.

    Example

    The government funded the construction of the new highway last year.

    Example

    The venture capital firm funded the startup during its initial growth phase, allowing the founders to hire twenty new engineers.

    Usage

    This is the past form of the transitive verb 'fund'.
    • paid for
    • subsidised
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  1. 3 invested in bonds (adj.)
    C2 Proficiency Technical Formal Finance

    describing a debt that is kept in the form of long-term bonds with interest.

    referring to a debt or financial obligation that has been converted into a permanent or long-term stock with interest.

    Example

    The city's funded debt was managed through a series of long-term bonds.

    Example

    Economists debated the long-term implications of the nation's funded debt, specifically focusing on the interest rates fixed in the previous decade.
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