crowdfunding

American  

[kroud-fuhn-ding] / ˈkraʊdˌfʌn dɪŋ /

Or crowd-funding

noun

1. the activity or process of raising money from a large number of people, typically through a website, as for a project or small business.

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Other Word Forms

• crowdfund verb (used with or without object)
• crowdfunded adjective

Etymology

Origin of crowdfunding

First recorded in 2005–10; crowd ¹ + fund + -ing ¹

Example Sentences

The company secured funding through equity crowdfunding and on the TV show “Shark Tank,” and is also developing prototypes for arms and legs.

From Los Angeles Times

He replied to one voice note we had sent him - asking about the money he had been apparently crowdfunding - by saying the organisation "has never been active", without specifying which one.

From BBC

In an Instagram post on June 24, the creators asked the series’ fans, known as Cheffers, to contribute to a crowdfunding effort to keep “The Tiny Chef Show” alive.

From Los Angeles Times

They solicited money on a crowdfunding website to pay for her funeral, which took place in October.

From BBC

An online crowdfunding page set up by one of his colleagues has raised more than £67,000 to help support the family.

From BBC