funding

Money given to pay for a project, organization, or activity.

• The school needs more funding.
• We received funding for our research.
• Has the council cut funding for local libraries?

How to use it: funding for something (They secured funding for a new playground.)

Similar words: finance, financial support

Common phrases: funding for something, receive funding, secure funding

The act of giving money to support a project, organization, or activity.

• Funding the project took months.
• The bank handles funding for new businesses.
• Public funding of research supports important discoveries.

How to use it: funding of something (The funding of the new hospital began last year.)

Similar words: financing

Common phrases: funding a project, funding research, public funding