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LSDefine

Simple English definitions for legal terms

funded

Read a random definition: sine numero

A quick definition of funded:

Definition: When something is funded, it means that there is enough money to pay for it. When something is fully funded, it means that there is enough money to pay for it even if something bad happens, like bankruptcy. It can also mean that a payment requirement has been completely satisfied.

A more thorough explanation:

FUNDED

Funded means having enough money to pay for something. When something is fully funded, it means that all the money needed to pay for it is available.

Examples:

  1. A company's pension plan was fully funded, which means that there was enough money to pay for the pensions of all the employees, even if the company went bankrupt.
  2. The construction loan was fully funded, which means that all the money needed to build the project was available.

These examples illustrate the definition of funded because they show situations where there is enough money to pay for something. In the first example, the company's pension plan is fully funded, which means that the employees can be assured that they will receive their pensions even if the company goes bankrupt. In the second example, the construction loan is fully funded, which means that the project can be completed without any financial problems.

fundatio | funded debt

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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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