Entity: FUNDING
Funding refers to the act of providing resources, typically money, to finance a need, program, or project. It can also involve the allocation of effort or time from an organization or company.
FUNDING
Etymology
The foundation of the word 'funding' is 'fund,' which is related to the Latin 'fundus' meaning 'a piece of land' or 'the bottom of something.'
Definition
Funding is the act of providing resources to finance a need, program, or project. It can involve money, effort, or time from an organization.
Historical Context
Throughout history, funding has played a crucial role in supporting various endeavors, from scientific research to artistic creations.
Cultural Significance
In modern society, funding is essential for the growth and development of businesses, non-profit organizations, and government initiatives.
Related Concepts
Grants, capital investments, donations, and loans are all forms of funding that support different objectives.
See Also
A sum of money or other resources set apart for a specific objective.