Definition, Meaning & Synonyms
lack-of-funding
Noun
/læk əv ˈfʌndɪŋ/
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Definition
A situation in which there is insufficient financial support to carry out a project or maintain an operation.
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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.
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Meaning
Lack of funding refers to the absence of necessary financial resources, which can hinder plans, projects, or businesses from progressing or functioning effectively.
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Synonyms
- Insufficient financing
- Shortage of funds
- Financial deficit
- Monetary shortfall