approved funds
[əˈpruːvd ˈfʌndz]
nounpl: approved funds
fundos aprovados
1. Money that has been officially authorized or sanctioned for use, typically by a government body, financial institution, or organization
The city council allocated approved funds for the construction of the new library.
A câmara municipal alocou os fundos aprovados para a construção da nova biblioteca.
2. Financial resources that have passed through a formal approval process and are now available for expenditure
Once the budget was submitted, approved funds could be transferred to departmental accounts.
Após o orçamento ser submetido, os fundos aprovados puderam ser transferidos para as contas departamentais.
This term is heavily used in Brazilian governmental and corporate finance. In Brazil's bureaucratic system, approval processes for funds are formal and often lengthy, making 'approved funds' a significant milestone in project planning. The distinction between requested, approved, and disbursed funds is particularly important in public administration.
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