Definition, Meaning & Synonyms
available-funds
Noun
/əˈveɪləbl fʌndz/
Definition
The amount of money that is readily accessible for use or expenditure.
Examples
- The available funds in your account must be utilized wisely.
- Before making the purchase, check your available funds.
- The project was approved because the available funds exceeded the estimated budget.
Meaning
Available funds refer to the cash or cash-equivalent assets that an individual or organization has on hand to spend immediately.
Synonyms
- Liquid assets
- Accessible capital
- Cash on hand
- Free funds
