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WordNet-Online
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Definitions from the WebCo-financeDefinitionCo-finance, in the financial context, refers to the practice of jointly providing funds or sharing financial responsibility for a project or investment between two or more parties. It allows multiple entities to pool resources and spread the risk associated with a particular venture. Senses
UsagesPopular Usage:In today's global economy, co-financing has become a prevalent practice for large infrastructure projects. Governments, international organizations, and private investors often co-finance such initiatives to mitigate financial risk and share the economic benefits. Example Sentence: The construction of the new airport runway was co-financed by three different countries, each contributing to the project to enhance regional connectivity. Local Usage:In local communities, co-financing is commonly used for local development initiatives, where municipalities and residents come together to fund projects that benefit the neighborhood. Example Sentence: The residents' association and the local government agreed to co-finance the renovation of the community park, creating a beautiful space for everyone to enjoy. Related ProductsIf you are interested in learning more about co-financing and its applications, check out these related products on Amazon: | ||||
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