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How is Public funds defined in a legal contract?

• Public funds means money belonging to the government. Seen in 52 SEC filings
• Public funds means money owned or held by a procurement unit, regardless of its source. Seen in 52 SEC filings
• Public funds means any form of money or property owned by a government entity, regardless of form. Seen in 41 SEC filings
• Public funds means funds acquired directly or indirectly, from sources not specified. Seen in 34 SEC filings
• Public funds means state or federal funds disbursed by a certain division. Seen in 30 SEC filings
• Public funds means money provided by federal, state, county, city or other local government units. Seen in 29 SEC filings
• Public funds means any money received by a public entity from various sources, which may include appropriations, taxes, fees, interest, or returns on investment. Seen in 29 SEC filings

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Public funds means money owned, held or disbursed by a government, division or public entity, sourced from various avenues including appropriations, taxes, fees, or investment returns.

Relevant Contract Types

• Government Contract
• Public Procurement Contract
• Grant Agreement

Relevant Circumstances

• When engaging in deals or contracts that involve government funds or financing.
• In projects or agreements with public entities or divisions within the government.

Relevant Sectors

• Government and Civil Service
• Non-Profit Organizations
• Public Infrastructure and Utilities

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Genie Definition 2

• Public funds means any form of property owned by a [government entity name], regardless of its physical state or form.

Relevant Contract Types

• Government License Agreement
• Real Estate Lease Agreement
• Public Land Use Agreement

Relevant Circumstances

• When dealing with properties owned by the government, including land, buildings, or resources.
• Entering into agreements where public properties or assets are involved.

Relevant Sectors

• Real Estate
• Natural Resource Extraction
• Public Lands Management

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