procurement of funds

USAGE SUMMARY

The phrase "procurement of funds" is correct and usable in written English.
It can be used in contexts related to finance, business, or project management when discussing the process of obtaining financial resources. Example: "The success of the project depends on the timely procurement of funds to cover initial expenses."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

5 human-written examples

Its businesses include management of business objectives, plans, grant approvals, inspection decisions about subsequent management performance evaluation and compensation, corporate governance structure determination, and procurement of funds for funding investment in the subsidiaries.

Forbes

This is where declaring the opioid crisis a public health emergency under the Emergencies Act would make a genuine difference: it would speed up the procurement of funds for treatment programs that would otherwise get bogged down in parliamentary procedure.

Vice

Procurement of funds to support the establishment of a community-based rheumatology service.

BMC Health Services Research

PO, ABu and LS contributed to the design of the study, procurement of funds and preparation of the manuscript.

BMC Musculoskeletal Disorders

However, there are also general obstacles involved in the process of conducting any project whether it is local or overseas, such as the recruitment of volunteers, the maintenance of the commitment levels, the procurement of funds, which arises from the increasingly hectic lifestyles of medical students and the inherent difficulty in obtaining cash.

Global Health Action

Human-verified similar examples from authoritative sources

Similar Expressions

55 human-written examples

NGOs are expected to provide technical assistance for the conception of community projects, the procurement of funding from cooperation partners and for the realisation of projects.

Renewable and Sustainable Energy Reviews

All authors contributed to the design of the trial and the procurement of funding.

BMC Cancer

All authors have contributed to the development of the study and procurement of funding.

BMC Health Services Research

LMS, JDW and AFB contributed to the design of the study, procurement of funding to support the study, data collection and preparation of the manuscript.

BMC Musculoskeletal Disorders

Every one of the authors contributed to the conception of the study, the procurement of funding, the design and coordination, and the preparation of this manuscript.

BMC Public Health

ABr was responsible for conception and design of the study, procurement of funding, data collection, data analysis and preparation of the manuscript.

BMC Musculoskeletal Disorders

Expert writing Tips

Best practice

When using "procurement of funds", ensure the context clearly indicates what the funds are intended for. Be specific about the purpose to provide clarity and justification.

Common error

Avoid using "procurement of funds" in casual conversation or informal writing. Opt for simpler alternatives like "fundraising" or "getting money" to maintain a natural tone.

Linguistic Context

The phrase "procurement of funds" functions as a noun phrase, typically acting as the subject or object of a sentence. As Ludwig AI suggests, it describes the action or process of obtaining money or financial resources. Examples show its use in contexts related to project management, business, and healthcare.

Expression frequency: Rare

Frequent in

Science

40%

News & Media

40%

Formal & Business

20%

Less common in

Encyclopedias

0%

Wiki

0%

Social Media

0%

Ludwig's WRAP-UP

In summary, the phrase "procurement of funds" is a grammatically correct noun phrase that describes the process of obtaining financial resources. While accurate and usable, as stated by Ludwig AI, it is relatively rare and primarily used in formal contexts such as science, news, and business. For more casual settings, simpler alternatives are recommended. Remember to clearly state the purpose of the funds to provide context and justification. As seen in Ludwig's examples, this phrase is often used in official reports, project proposals, and financial documents.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Fund acquisition

This alternative is more concise, using a noun-noun structure instead of a noun-preposition-noun.

Funds sourcing

This alternative uses "sourcing" to emphasize the process of finding funds, similar to "procurement".

Capital procurement

This alternative specifies that the procurement is related to capital, implying long-term investments.

Securing funds

This alternative uses a verb to emphasize the action of obtaining funds.

Raising capital

This alternative focuses on the activity of generating capital from various sources.

Obtaining financial resources

This alternative is a more descriptive and formal way of expressing the same concept.

Financial resource acquisition

This alternative adds the adjective "financial" to highlight the type of resources being acquired.

Funds mobilization

This alternative emphasizes the process of gathering and organizing funds for a specific purpose.

Attracting funding

This alternative focus on attracting investors

Generating revenue

This alternative implies the process of creating income, which indirectly contributes to funds.

FAQs

What does "procurement of funds" mean?

The term "procurement of funds" refers to the process of obtaining or acquiring financial resources, often for a specific purpose such as a project, investment, or operational need.

What are some alternatives to "procurement of funds"?

You can use alternatives like "fund acquisition", "funds sourcing", or "raising capital" depending on the context.

Is "procurement of funds" formal or informal?

"Procurement of funds" is generally considered a formal term, suitable for business, academic, or official contexts. Simpler terms are more appropriate for informal settings.

How does "procurement of funds" differ from "fundraising"?

"Procurement of funds" is a broader term that encompasses various methods of obtaining financial resources, while "fundraising" typically refers to soliciting donations or contributions from individuals or organizations. Fundraising may be one strategy employed in the overall procurement of funds.