Definition of Funded Retention:
The definition of Funded Retention is: The term risk financing refers to a plan under which the organization reserves funds to cover losses incurred by the organization rather than transferring them to the insurance company or other parties.
Literal Meanings of Funded Retention
Meanings of Funded:
Pay for a specific purpose.
Quantities are stored or available for a specific purpose.
Sentences of Funded
The World Bank refused to finance the project
Created a fund to coordinate economic investment
Synonyms of Funded
float, finance, be a patron of, underwrite, support, collection, provide finance for, maintain, sponsor, subsidize, pool, provide capital for, put up the money for, back, purse, pay for, reserve, endow, capitalize, kitty
Meanings of Retention:
Owning, using or controlling something permanently.
Sentences of Retention
Maintaining direct control of the central government