Funding Criteria
/ˈfʌndɪŋ kraɪˈtɪəriə/
Definitions
- (n.) Standards or conditions set by an authority that determine eligibility for receiving financial support or investment.
The grant application was denied because it did not meet the funding criteria.
- (n.) Legal or regulatory requirements outlined in agreements or statutes that govern the allocation of funds.
Compliance with the funding criteria is mandatory to avoid breach of contract.
Forms
- funding criteria
- funding criterion
Related terms
See also
Commentary
Funding criteria are often detailed in contracts or statutes to ensure transparency and fairness in the distribution of funds; drafters should specify clear, objective standards to avoid disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.