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LSDefine

Simple English definitions for legal terms

fully funded

Read a random definition: home

A quick definition of fully funded:

Fully funded means having enough money to pay for everything that needs to be paid for, even if something goes wrong and there isn't any more money coming in. It can also mean that a requirement for money has been completely met and paid for.

A more thorough explanation:

Definition: Fully funded is an adjective used to describe a situation where there are enough financial resources available to meet current payments, even if the company goes bankrupt. It can also refer to a situation where a funding requirement has been completely satisfied and paid.

Examples:

  • The company's pension plan was fully funded, meaning that there was enough money set aside to pay for the pensions of all employees, even if the company went bankrupt.
  • The construction loan was fully funded, meaning that the entire amount of money needed for the construction project had been paid.

These examples illustrate the definition of fully funded by showing situations where there is enough money available to cover current or future expenses, even in the event of bankruptcy or other financial difficulties. In the case of the pension plan, the company has set aside enough money to pay for the pensions of all employees, even if the company is no longer able to operate. In the case of the construction loan, all of the money needed for the project has been paid, so there is no need for additional funding.

fully diluted earnings per share | fully managed fund

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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