Funding Source
/ˈfʌndɪŋ ˈsɔːrs/
Definitions
- (n.) An entity or mechanism providing financial resources for a project, program, or legal obligation.
The grant was approved after confirming the funding source.
- (n.) The origin of money used to satisfy a claim or support contractual obligations.
The contract stipulated the funding source for repayment.
Forms
- funding source
- funding sources
Related terms
See also
Commentary
In legal drafting, specifying the funding source is crucial to ensure clarity on financial responsibility and compliance with regulatory or contractual terms.
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.