Fjármagna

Fjármagna is an Icelandic verb meaning to finance or fund something. It refers to providing the funds required for a project, organization, or activity. The action can involve public funds, private investment, loans, or grants, and it is central to budgeting, project planning, and financial decision-making in both public and private sectors.

As a transitive verb, fjármagna takes a direct object describing what is funded. Common collocations include fjármagna verkefni (to finance a project), fjármagna rannsóknir (to fund research), and fjármagna stofnanir (to fund institutions). The term can be used with references to funding sources, such as opinber fjármögnun (public funding) or einkafjármögnun (private funding), to clarify how the financing is provided.

Examples:

Ríkisstjórnin fjármagnaði nýtt rannsóknarverkefni. The government financed a new research project.

Verkefnið var fjármagnað með opinberum styrkjum. The project was financed with public grants.

Fyrirtækið hyggst fjármagna framtíðarverkefni með eigin fé. The company plans to finance future projects with its own funds.

Fjármögnun is a related noun form that denotes the act or process of financing. Fjármagna is a common term in discussions of economics, budgeting, and organizational planning in Icelandic.