Unfunded

Unfunded,

Definition of Unfunded:

  1. Finance: A project or debt that is not funded by private or public funds. For example, the project for new playground equipment remains unfunded.

  2. Retirement plan: Unfunded pensions are retirement plans in which the current beneficiaries benefits are paid out of contributions made by current employees.

  3. Not funded.

Meaning of Unfunded & Unfunded Definition