Funding Cuts
Definitions
- (n.) Reductions in allocated financial resources by a governing authority or organization, often impacting governmental agencies, programs, or legal obligations.
The nonprofit faced significant challenges after the funding cuts imposed by the state legislature.
Forms
- funding cut
Related terms
See also
Commentary
Funding cuts typically arise through legislative or administrative decisions; precise drafting in contracts and statutes is essential to clarify effects of such reductions on obligations and services.
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.