Define: Public funds
Public funds means money owned, held or disbursed by a government, division or public entity, sourced from various avenues including appropriations, taxes, fees, or investment returns
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Public funds means money owned, held or disbursed by a government, division or public entity, sourced from various avenues including appropriations, taxes, fees, or investment returns.
Relevant Circumstances
- When engaging in deals or contracts that involve government funds or financing.
- In projects or agreements with public entities or divisions within the government.
Relevant Sectors
- Government and Civil Service
- Non-Profit Organizations
- Public Infrastructure and Utilities