Definition, Meaning & Synonyms

hardship-fund

Noun

/ˈhɑːrdʃɪp fʌnd/

Definition

A hardship fund is a financial resource designated to provide assistance to individuals facing unexpected financial difficulties.

Examples

The university established a hardship fund to help students struggling to pay tuition due to family emergencies.
Donations to the hardship fund helped families affected by the recent flooding.

Meaning

It represents a type of fund that aims to support those in urgent need due to unforeseen circumstances such as medical emergencies, job loss, or natural disasters.