Funded Meaning: Definition, Examples, and Translations

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funded

[หˆfสŒndษชd ]

Definition

Context #1 | Verb

financial support

The term 'funded' refers to the provision of financial resources for a specific purpose or project. It indicates that a particular initiative, business, or individual has received the necessary capital to operate or develop. Funding can come from various sources, including government grants, private investors, or crowdfunding platforms. It is essential for startups, non-profits, and research projects, as funding often determines their feasibility and potential for success.

Synonyms

backed, financed, supported.

Examples of usage

  • The project was fully funded by the government.
  • They funded their trip through a crowdfunding campaign.
  • The research was funded by a private foundation.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Economics

  • Government grants are a common way to get projects funded, especially in education and public services.
  • Venture capital firms specialize in funding startups, taking a risk on new businesses in hopes of high returns.
  • Crowdfunding has emerged as a popular method where many small contributions fund a project, democratizing access to capital.

Pop Culture

  • Television shows often require funding from sponsors to produce episodes, especially in reality TV.
  • Movies frequently rely on funding from studios or investors, affecting the scale and budget of their productions.
  • The successful funding of artistic projects can be highlighted in media, showcasing how community support can breathe life into creativity.

Education

  • Many educational initiatives are funded by grants from organizations aiming to support student learning.
  • Research projects in universities often need funding to cover expenses, which can come from various sources including governments and businesses.
  • Scholarship funds are designed to help students afford tuition fees, fundamentally enabling access to higher education.

Technology

  • Tech startups often pursue funding rounds to scale their operations and develop products more rapidly.
  • Platforms like Kickstarter allow inventors to get their projects funded directly by interested consumers.
  • Online education platforms often require initial funding to develop their infrastructure and reach a wider audience.

Origin of 'funded'

Main points about word origin

  • The word 'fund' comes from the Latin 'fundus', which means 'bottom' or 'foundation', indicating a source of support.
  • In finance, the term has been used since the 15th century, evolving to encompass both public and private funding.
  • The addition of 'ed' forms the past tense, indicating that the funding process has been completed.

The word 'funded' originates from the noun 'fund', which traces back to the late Middle English term 'funde', denoting a supply of money or resources set aside for a specific purpose. The root of 'fund' can be found in the Latin word 'fundus', meaning 'bottom' or 'base', which evolved into a sense of a 'basis' for financing. Over time, 'fund' transitioned to reflect not just the physical aspects of resources but also the act of providing for projects or ventures. The past participial form 'funded' came into common usage in the 20th century, particularly as various forms of financial support mechanisms developed, including grants and investments.


Word Frequency Rank

With rank #4,802, this word represents useful upper-intermediate vocabulary. Understanding and using it will help you express more complex ideas effectively.