financial resources provided to make some project possible
"the foundation provided support for the experiment"
The action of the verb fund.
"After months of lobbying, the city finally approved funding for the new community center project."
In plain English: Funding is money given to someone to pay for something they need.
"The school received funding to build a new library."
Usage: Funding refers to the money or resources provided to support a specific project, organization, or activity. Use this term when discussing financial backing rather than the general act of supplying funds.
present participle of fund
"The committee is currently funding a new research project to study climate change impacts on local agriculture."
In plain English: To fund something is to give it the money it needs to exist or work.
"The government funding the new bridge project."
Usage: Use "funding" only when describing an ongoing process of providing money or resources, such as in the sentence "The company is funding the new project." Do not use it to mean giving money once, which should be expressed with the simple verb "fund," as in "We fund the research annually."
Derived from Old English fundian (to find), funding originally meant the act of finding or securing resources. The term evolved in modern usage to specifically denote the provision of financial support for projects or operations.