Definition, Meaning & Synonyms

additional funding

noun

əˈdɪʃənl ˈfʌndɪŋ

Definition

Extra financial support provided beyond the initial amount allocated for a project or initiative.

Examples

The organization secured additional funding to expand its community outreach programs.
After reviewing the project scope, the board approved additional funding for research and development.
They sought additional funding from various investors to complete the construction of the new facility.

Meaning

Additional funding refers to any extra money that is added to the existing resources for a specific purpose, often required to fulfill an ongoing project or extend its reach.