Definition of «funding system»

The term "funding system" refers to a method or process by which funds are raised and distributed for a particular purpose. This can include various sources such as government grants, private donations, investments, loans, and other revenue-generating activities. The funding system is an essential component of any organization's financial management strategy, as it determines the availability of resources needed to achieve its goals and objectives. It can also influence the efficiency, effectiveness, and sustainability of a program or initiative over time.

Sentences with «funding system»

  • The fairness of the current school funding system depends on where you sit, he said. (washingtonpost.com)
  • The measure was unexpectedly put in to the bill so it would be in place in time for the introduction of the new funding system for universities - and higher fees. (bbc.co.uk)
  • The announcement is in addition the # 6 billion per year investment for childcare by 2020 and follows the recent publication of a new funding system for early years education. (educationbusinessuk.net)
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