Definition, Meaning & Synonyms

own-funds

noun

/oʊn fʌndz/

Definition

Funds that are owned and controlled by an individual or organization, rather than borrowed or acquired through external sources.

Examples

The company’s own funds allowed it to invest in new technology without needing a loan.
She decided to use her own funds to renovate her home instead of taking out a mortgage.
Starting a business with own funds can reduce financial risk.

Meaning

Own funds refer to the capital that a person or business has accumulated through personal savings, retained earnings, or other internal resources. These funds are used for investments, expenses, or other financial activities without incurring debt.