Definition, Meaning & Synonyms
lack-of-funding
Noun
/læk əv ˈfʌndɪŋ/
Definition
A situation in which there is insufficient financial support to carry out a project or maintain an operation.
Examples
- The lack of funding led to the postponement of the community center project.
- Without adequate funding, many research initiatives struggle to continue.
- The organization faced challenges due to a lack of funding for its programs.
Meaning
Lack of funding refers to the absence of necessary financial resources, which can hinder plans, projects, or businesses from progressing or functioning effectively.
Synonyms
- Insufficient financing
- Shortage of funds
- Financial deficit
- Monetary shortfall
