funding commitment
[ˈfʌndɪŋ kəˈmɪtmənt]
nounpl: funding commitments
compromisso de financiamento
1. A formal pledge or agreement to provide a specified amount of money for a particular project, organization, or purpose within a defined timeframe
The government announced a major funding commitment of $50 million for renewable energy projects.
O governo anunciou um grande compromisso de financiamento de $50 milhões para projetos de energia renovável.
2. A legal or financial obligation to allocate resources for future expenditures or support
The foundation made a long-term funding commitment to support medical research.
A fundação fez um compromisso de financiamento de longo prazo para apoiar pesquisa médica.
3. A written or verbal assurance by a financial institution, investor, or donor to provide capital
The bank issued a funding commitment letter to the startup for their expansion plans.
O banco emitiu uma carta de compromisso de financiamento para a startup para seus planos de expansão.
This term is widely used in both Brazilian and American business, governmental, and nonprofit contexts. In Brazil, funding commitments are essential for large infrastructure projects, educational initiatives, and social programs. In the USA, the term is prevalent in venture capital, grant administration, and public funding debates. The concept reflects institutional trust and financial responsibility in both cultures.
Related Idioms & Phrases
to honor a funding commitment
to renege on a funding commitment
to make a funding commitment
to secure a funding commitment
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