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state funds UK US noun [plural] GOVERNMENT, FINANCE
► money that is available to a government to spend: »
He has said repeatedly that Russia will not use state funds for grain purchases.
► in the US, money that is available to a state to spend: »
This proposal would prohibit lawmakers from using state funds for out-of-state travel.
»The governor proposes to spend $14.1 billion in state funds on public schools.
Financial and business terms. 2012.