Restricted Funds Definition

Below please find a definition of “Restricted Funds”

Financial Analysis Training & Glossary TermsRestricted Funds: Funds or donations that are required to be spent or used for a specific purpose are termed as restricted funds. If the funds are spent for something else than was planned, those donations would have to be returned back. For example, a gift fund made out to a University might only be used for the purpose of sponsoring research students.

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