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Glossary / Lexicon

What are third-party funds?

12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Third-party funds are financial resources awarded by external institutions or organizations to a specific institution or group of individuals. These funds can be used to support a variety of projects, from research and development to education and social work. They may come from government agencies, foundations, corporations, universities, or other organizations.
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