Definition, Meaning & Synonyms

public funding

Noun

/ˈpʌblɪk ˈfʌndɪŋ/

Definition

Financial support that comes from government sources for various projects and initiatives.

Examples

The new park was built using public funding from the city.
Many educational institutions rely on public funding to maintain quality programs.
The public funding of scientific research can lead to significant advancements.

Meaning

Public funding is money that is provided by the government to support community programs, infrastructure, research, or other projects that benefit the public.