Definition of unfunded in English:



  • 1Not funded.

    • ‘Firstly, can you believe that is completely unfunded?’
    1. 1.1 Not receiving public funds.
      ‘a new education bill remained unfunded’
      • ‘There are currently more than $6 billion in unfunded requirements to provide necessary repairs to the eroded infrastructure of these systems on Army posts.’
      • ‘On August 22, Connecticut filed a lawsuit against the US claiming that Bush's education law is essentially an unfunded mandate from the federal government.’
      • ‘It's an unfunded mandate: the federal government is forcing the states to spend their own money to comply with the act.’
      • ‘Given this bleak fiscal climate, these unfunded and underfunded mandates are irresponsible.’
      • ‘But the economic reality is these are unfunded mandates, and education regulators and school districts will have to find the money to pay for them.’
    2. 1.2 Planned but not provided for financially.
      ‘unfunded owner buyouts’
      • ‘Above all, reduce the unfunded potential future liabilities (they are not legal obligations like Treasury bonds) first.’
      • ‘The present value of Social Security's unfunded liabilities is in the trillions of dollars.’
      • ‘In previous reports it was noted that no provision had been made for various unfunded liabilities.’
      • ‘What we are talking about is replacing an unfunded debt with funded debt.’
      • ‘Due diligence is the order of the day to assess if such liabilities are unfunded, or under-funded.’
    3. 1.3 (of a debt) repayable on demand rather than having been converted into a more or less permanent debt at fixed interest.
      • ‘Although the airline industry's hefty $32 billion in unfunded pensions has captured headlines in recent months, the problem extends much further.’
      • ‘All of that is trivial, compared to the yawning black hole of unfunded pension liabilities.’
      • ‘General Motors now has 2.5 retirees on its pension rolls for every active worker and an unfunded pension debt of $19.2 billion.’
      • ‘Their unfunded pension liabilities were probably more than $16 billion at year-end and retiree healthcare costs are more than three times that level.’
      • ‘To be sure, few European companies are as burdened by unfunded pension liabilities as some U.S. companies, particularly in old-line industries.’