Definition of unfunded in English:

unfunded

Line breaks: un|fund¦ed
Pronunciation: /ʌnˈfʌndɪd
 
/

adjective

1Not funded, in particular:
More example sentences
  • Firstly, can you believe that is completely unfunded?
1.1Not receiving public funds: a new education bill remained unfunded
More example sentences
  • It's an unfunded mandate: the federal government is forcing the states to spend their own money to comply with the act.
  • 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.
  • 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.
1.2(Of a debt) repayable on demand rather than having been converted into a more or less permanent debt at fixed interest: the unfunded debt
More example sentences
  • What we are talking about is replacing an unfunded debt with funded debt.
  • The present value of Social Security's unfunded liabilities is in the trillions of dollars.
  • Due diligence is the order of the day to assess if such liabilities are unfunded, or under-funded.
1.3Denoting or relating to a pension scheme without a pension fund, the current beneficiaries being paid by a former employer from revenue or contributions by present employees.
More example sentences
  • Although the airline industry's hefty $32 billion in unfunded pensions has captured headlines in recent months, the problem extends much further.
  • To be sure, few European companies are as burdened by unfunded pension liabilities as some U.S. companies, particularly in old-line industries.
  • All of that is trivial, compared to the yawning black hole of unfunded pension liabilities.

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