What Do You Understand By The Term "Foreign Funding"?

[Good-Guy]

The term "Fund" refers to finance or the money that is being used to run the company or any kind of organizations. there are many kind of funds such as cash fund, working capital, cash reserves, etc. One of the greatest kind of fund is the "Foreign Fun". The reason why I call it great is because it is actually very important for any country to survive during the bad times. There are many kinds of foreign funds. Foreign fund could include the aid or help received by a country by the other country.

It could also refer to foreign exchange received by the other countries in the form of remittances, and it could also mean foreign investments received by a country from other external sources or countries. So, this actually means that the term "Foreign fund" is a huge term that could carry many different meanings, but the basic definition of foreign fund is: "any kind of money received by any country from other country is called foreign fund". This is how I define foreign fund in a really broad manner. What about you guys? How do you define the term "Foreign Funding"? Please give your definitions about it.

 

[Kingsley]

Yes you are right, finance is indeed the amount of money that is been used to start or run a project. The project may be a business or other private or public projects. Financing generally looks at how we raise funds to run a project. Now when we say foreign finance we are talking about funds that we get directly or indirectly from foreign nationals. Most times this type of funds do not go directly in the hands of the individuals in a country rather it goes into the hands of the government of a country .

Those type of funds are supposed to be used for the betterment or development of the country where such funds are been received, mostly the ones that comes directly from the IMF AND World bank and other countries and bodies. Some times so philanthropists might realise funds to a country to be used to alleviate poverty and or to fight a particular diseas like malaria, HIV, and the likes, somethings it could be for educational purposes or to provide electricity, good road, and support a country in the case of a pandemic or epidemic. The indirect ones are the companies built in by foreign investors.

 

[btaliat]

Without mincing words, foreign fund will be regarded as those fund that are gotten outside one's country. There are many ways by which these foreign fund can be gotten.

Sometimes, it may be gotten privately, this will involve working on some foreign platforms which pay in foreign funds. Some websites to work include freelancing websites, affiliate marketing websites and some survey sites.

The other one most time is benefit money. This can not be gotten privately except in some cases. And most time, this is not paid in foreign currency.