Match-fund

Match-fund

A bank is said to match-fund a loan or other asset when it does so by buying (taking) a deposit of the same maturity. The term is commonly used in the Euromarket.
References in periodicals archive ?
They are trying to match-fund Objective One projects out of existing resources."
Really capable project administrators manage to match-fund anything they have to enable other funding which is then match-funded against something else.
BRITISH Gas says it will match-fund the Government's pounds 400 boiler scrappage allowance.
"If I was in Caerphilly, I would still need to match-fund the pounds 100,000.
Pencoed College has also received more than pounds 1m of match-funded cash to run new facilities for land-based training courses currently unavailable in Bridgend.
Industry groups and computing organisations were invited to submit proposals for training projects that would be match-funded by the government.
As feared, the voluntary national modulation of up to 20% has also been approved and there is no requirement for this to be match-funded. The NFU sees the deal, agreed last Saturday at the EU summit in Brussels, as tantamount to re-nationalising part of the Common Agricultural Policy.
The council has blamed the withdrawal of match-funds by Advantage West Midlands, which caused the collapse of several schemes, but has vowed to spend to the ERDF money by the 2013 deadline.
It offers match-funded grants for marketing, IT, equipment and environmental projects.
Applicants must have experience of delivering match-funded fundraising campaigns that benefit the whole or part of England, and the capacity to release the match funding through a campaign starting in December 2016 at the latest.
CASH raised by community foundations in response to flood damage caused by storms Desmond and Eva will be match-funded on a one-for-one basis, Greg Clark has announced.
Fitch expects that the company will use the proceeds from the issue to pay maturing senior unsecured debt that was issued for match-funded programmes.