Matching Funds (Noun)
Meaning
Funds that will be supplied in an amount matching the funds available from other sources.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The organization received a grant with matching funds, which doubled the amount of money they had available for the project.
- The university offered matching funds to motivate alumni to donate to the new library construction.
- The government agency provided matching funds to support the local business development initiatives.
- The crowdfunding campaign was successful because the company offered matching funds for every dollar contributed.
- The charity received a pledge of matching funds from a major donor, which helped them exceed their fundraising goal.