Financed refers to providing funds or capital for a particular purpose, such as a business venture, purchase, or project. When something is financed, it means that the necessary money is obtained through various means such as loans, investments, or other financial instruments. This can involve borrowing money from financial institutions, securing funding from investors, or using other resources to cover the costs associated with the endeavor. Financing allows individuals or organizations to undertake activities that they might not be able to afford upfront with their own available cash.
Example of Financed: The startup was successfully financed through a combination of venture capital investments and a small business loan, allowing it to develop its innovative product and expand its operations.
