Public Funds
/ˈpʌblɪk fʌndz/
Definitions
- (n.) Money or assets that are owned or controlled by government entities for public use or services.
The city council allocated public funds for the new community center.
Forms
- public funds
Related terms
See also
Commentary
The term broadly covers governmental monetary resources distinct from private funds; usage typically relates to budgeting, expenditure, or legal restrictions on government-held money.
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.