Set aside funds

USAGE SUMMARY

The phrase "Set aside funds" is correct and usable in written English.
You can use it when referring to the act of reserving money for a specific purpose or future use. Example: "In order to complete the project, we need to set aside funds for necessary materials and resources."

✓ Grammatically correct

News & Media

Academia

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Set aside funds in your budget for professional development and non-profit sponsorships--The Salvation Army, Habitat for Humanity, United Way.

HuffPost

Some must set aside funds that will generate the pension benefits promised to their workers.

The Economist

Although Kleiman urged state officials to set aside funds for increased law enforcement, he can get impatient with such complaints.

The New Yorker

"Most successful men with daughters in their 20s set aside funds for the big day," said Mr. Gruber, the photographer.

The New York Times

"It's truly an opportunity that a small-business owner has to set aside funds and not get taxed personally and have some operational benefits," Mr. Sturm said.

The New York Times

Under the rules presented Thursday, banks will need to set aside funds equivalent to 80 percent of their property assets, compared with 31 percent now.

The New York Times

A 529 Plan is an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs.

University of California, Berkeley

Earnings declined after the company set aside funds to cover potentially questionable debts from clients that borrowed money to acquire Lucent's products.

The New York Times

There was successful, bipartisan governance in the 1990's to balance budgets, pay down the national debt and set aside funds for future entitlements like Social Security.

The New York Times

A local government in Wenzhou, a city in Zhejiang province, set aside funds to preserve old houses after his first book came out, he said.

The New York Times

For example, some customers may have paid bills that Nortel had earlier declared bad debts and set aside funds to cover them.

The New York Times

Expert writing Tips

Best practice

When writing about financial planning, be specific about the purpose for which you are "setting aside funds". For example, "Set aside funds for emergency expenses" rather than simply "Set aside funds."

Common error

Avoid using "set aside funds" without a clear indication of the intended use. Vague statements can lack impact and leave the reader wondering about the purpose of the reserved money.

Linguistic Context

The phrase "set aside funds" functions as a verb phrase indicating the act of allocating or reserving financial resources for a particular purpose. As Ludwig AI indicates, it's grammatically correct and commonly used. Examples show it's often used in contexts of budgeting, financial planning, and covering potential liabilities.

Expression frequency: Very common

Frequent in

News & Media

58%

Academia

22%

Formal & Business

7%

Less common in

Science

7%

Encyclopedias

3%

Wiki

0%

Ludwig's WRAP-UP

In summary, "set aside funds" is a grammatically sound and frequently used verb phrase that signifies the act of allocating or reserving money for a specific purpose. As indicated by Ludwig AI, the phrase is versatile and appropriate for a variety of contexts, including financial planning, budgeting, and saving. The phrase finds common usage in news, academic and business contexts. To enhance clarity, specify the reason for setting aside funds. Related phrases include "allocate resources" and "earmark money". When using the phrase, ensure that the context clearly indicates the intended use of the reserved funds for maximum clarity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Earmark money

Suggests a specific and often restrictive allocation of funds.

Allocate resources

Emphasizes the distribution of resources among different needs.

Allot funds

Refers to distributing funds for a particular purpose.

Designate funding

Implies a more formal or official assignment of funds.

Reserve capital

Focuses on keeping capital available, typically for investment or future expenses.

Appropriate money

Implies a formal or legal allocation of funds, often by a governing body.

Budget money

Highlights the planning aspect of assigning funds within a budget.

Put away savings

Similar to save money, but emphasizes the act of physically setting funds aside.

Save money

Focuses on accumulating funds over time, rather than allocating them.

Stockpile cash

Emphasizes accumulating a large amount of cash, usually for a specific reason.

FAQs

What does "set aside funds" mean?

Setting aside funds means to reserve money for a specific purpose or future use. It implies allocating resources to ensure they are available when needed.

How can I use "set aside funds" in a sentence?

You can use it to describe financial planning, budgeting, or saving for a particular goal. For example, "The company decided to "allocate resources" and "set aside funds" for research and development."

What are some alternatives to "set aside funds"?

Alternatives include "allocate resources", "reserve capital", "earmark money", or "budget money". The best choice depends on the context and the specific nuance you want to convey.

Is it better to say "set aside funds" or "save money"?

While both involve keeping money available, "set aside funds" usually implies a specific goal or planned expenditure, whereas "save money" is a more general term for accumulating wealth. For example, you might "set aside funds" for a down payment on a house, but simply "save money" for retirement.