cofinancing
/koʊˈfaɪnænsɪŋ/
verb
- To provide funding together with other parties for a project or initiative.
- Our company decided to cofinance the startup in exchange for a share of future profits.
- The two charities will cofinance the community center renovation.
- Several banks agreed to cofinance the construction of the new bridge.
Synonyms
noun
- The act of providing funding together with other parties for a project or initiative.
- Cofinancing allows smaller organizations to participate in large-scale environmental projects.
- The university's research lab expanded thanks to cofinancing from a tech company and a federal grant.
- The new hospital was built through cofinancing from the government and several private donors.