Definition of «additional funds»

The term "additional funds" refers to an increase in resources or money that is available beyond what was originally planned for, budgeted or expected. This could be due to various reasons such as unexpected revenue, successful fundraising efforts, or a change in priorities which requires more financial support. The phrase can also refer to additional monies provided by external sources like grants, donations, or investments. In any case, "additional funds" provide an opportunity for further growth, expansion, or enhancement of projects and initiatives that were previously limited due to lack of resources.

Sentences with «additional funds»

  • This can manifest itself in unexpected change orders, requests for additional funds for operational support, expansion of scope or other increased costs arising out of the joint decision of the parties. (slaw.ca)
  • Some $ 18 million in additional funding for about 800 new seats is being cut in this year's proposal. (ctmirror.org)
  • This gives university presidents more freedom to recruit staff, manage their assets and budgets, create partnerships with industry, and look for additional funding from private companies. (sciencemag.org)
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