What does "crowdfunding" mean?
Funding by many individuals pooling their money together for a common goal, usually via the Internet.
noun ·Rare ·Advanced level
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"It was discovered in September 2020 that Cosgrove was raising money on the “Christian crowdfunding site” GiveSendGo to fund his retirement."
"In March of last year, the company raised $25,000 through the online crowdfunding website Kickstarter."
Funding by many individuals pooling their money together for a common goal, usually via the Internet.
Common synonyms include: campaign launch, crowd funding, crowdfund, crowdfunding campaign, crowdsourced funding, fundraising campaign.
In March of last year, the company raised $25,000 through the online crowdfunding website Kickstarter.
From crowd + funding.