1. Money or financial resources that have been specifically allocated or set apart for a particular purpose, project, or recipient
The designated funds for the school renovation project must be used only for that purpose.
Os fundos designados para o projeto de renovação da escola devem ser utilizados apenas para esse fim.
2. In accounting and finance, money that has been earmarked and restricted to a specific use
The charity carefully manages its designated funds to ensure they reach their intended beneficiaries.
A instituição de caridade gerencia cuidadosamente seus fundos designados para garantir que cheguem aos beneficiários previstos.