verb
- past tense and past participle of cofinance; to finance jointly with one or more other parties
Usage: typically used in business, government, or development contexts
adjective
- financed jointly by two or more parties or sources
Usage: attributive use; common in project and grant descriptions
Examples
- The infrastructure project was cofinanced by the federal government and three private investors.
- The research initiative was cofinanced by the university and a major pharmaceutical company.
- Several cofinanced development programs have improved access to clean water in rural areas.
- The bank cofinanced the expansion with a local credit union.
- This cofinanced venture brought together resources from both the public and private sectors.
- The two organizations cofinanced the community center to serve the neighborhood better.