funds on hand

USAGE SUMMARY

The phrase "funds on hand" is correct and usable in written English.
It can be used to refer to the amount of money that is readily available or accessible at a given time. Example: "Before making any large purchases, we need to assess the funds on hand to ensure we can cover the expenses."

✓ Grammatically correct

News & Media

Wiki

Science

Human-verified examples from authoritative sources

Exact Expressions

8 human-written examples

So a few facts to remember before you ask your friends to up the ante for your special day: just because you have extra funds on hand, please don't assume everyone else does.

The Guardian - Money

First, he said, those trading in swaps must be forced to put up more capital to back them so that if a client asks for payment, the issuer actually has the funds on hand to do so. 1 2 Next Page ».

The New York Times

Royal Caribbean is led by Chairman and Chief Executive Richard Fain Richard Fain –and is investing like it has plenty of funds on hand, or expects to.

Forbes

The annual interest payment, $30,000, is due, and the investor doesn't have the funds on hand and has no further ability to borrow.

Forbes

I wanted to know the real situation with the funds on hand and I wanted to know the real situation with regards to the payments you said were on the way.

TechCrunch

Between the $3 billion offer to buy SolarCity itself and the debt obligations at SolarCity that Tesla would take on, Tesla doesn't have the funds on hand to acquire the solar energy company.

Vice

Human-verified similar examples from authoritative sources

Similar Expressions

45 human-written examples

WASHINGTON — The federal government has a large rainy day fund on hand to help mitigate the expanding damage on the Gulf Coast, generated by a tax on oil for use in cases like the Deepwater Horizon spill.

The New York Times

With sufficient funding on hand, a property subsidiary of HNA recently bought an office building in Shanghai’s Pudong New Area for nearly 1.5 billion yuan ($220.6 million).

Forbes

It is no coincidence that, as the longest-serving editor of the magazine, Ian Hislop is the most sued man in Britain and that the magazine keeps a "fighting fund" on hand to payroll the endless litigation they face.

Vice

He also suggested that it creates a regulatory double standard when it comes to sovereign wealth funds: On the one hand, they present themselves to the SEC and other regulators as if they are just like any other institutional investor, investing for purely commercial purposes.

The New York Times

When investors panic, the redemption requests can quickly exhaust the funds' cash on hand.

The New York Times

Expert writing Tips

Best practice

When discussing financial planning or reporting, use "funds on hand" to clearly indicate the amount of money immediately available for use or investment.

Common error

Avoid including long-term investments or assets that cannot be quickly converted to cash when calculating "funds on hand". Only include resources that are readily accessible.

Linguistic Context

The phrase "funds on hand" primarily functions as a noun phrase, referring to the readily available financial resources. Ludwig AI examples show its use in contexts describing a company's or individual's financial state and ability to make payments or investments.

Expression frequency: Uncommon

Frequent in

News & Media

62%

Wiki

15%

Science

8%

Less common in

Formal & Business

8%

Academia

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, the phrase "funds on hand" is a grammatically sound and commonly used term to describe the money that is readily available. Ludwig AI confirms that it is appropriate for use in neutral to professional settings, such as business reports and news articles. While alternative phrases like "available capital" or "cash reserves" exist, "funds on hand" clearly communicates the immediate availability of financial resources. Ensure you are calculating accurately the money available by taking into account only the resources that are readily accessible.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

readily available funds

Stresses immediate accessibility of funds.

immediately accessible funds

Underscores the quick availability of the money.

on-hand cash

A slight variation, emphasizing immediate possession of cash.

available capital

Focuses on the capital that is readily accessible for use.

cash reserves

Highlights the cash specifically kept in reserve.

liquid assets

Emphasizes assets easily convertible to cash.

accessible finances

Highlights the accessibility of financial resources.

capital at disposal

Indicates the resources one has the ability to use.

available monetary resources

A more formal way to express available money.

current assets

Focuses on assets that can be converted to cash within one year.

FAQs

How can I rephrase "funds on hand" in a business context?

In a business context, you can use phrases like "available capital", "cash reserves", or "liquid assets" as alternatives to "funds on hand". Each term emphasizes a slightly different aspect of the readily accessible financial resources.

What does "funds on hand" mean in financial terms?

"Funds on hand" refers to the amount of money or cash equivalents that are readily available for immediate use. It's a measure of liquidity and short-term financial stability.

Is there a difference between "cash on hand" and "funds on hand"?

The phrases "cash on hand" and "funds on hand" are often used interchangeably. However, "funds on hand" can sometimes include very short-term investments that are easily converted to cash, while "cash on hand" typically refers specifically to physical cash and immediately accessible bank balances.

When should I use "funds on hand" instead of "available budget"?

Use "funds on hand" when referring to the readily accessible money available at a specific moment. Use "available budget" when referring to the total amount of money allocated for a specific purpose over a period of time.