önfinanszírozott

The Hungarian term "önfinanszírozott" translates to "self-financed" or "self-funded" in English. It refers to a situation where an entity, such as a company, project, or individual, uses its own available resources to cover its expenses or investments, rather than relying on external sources like loans, grants, or external investors.

In a business context, an önfinanszírozott company might use its retained earnings, cash reserves, or the personal funds of its owners to fund operations, expansion, or new ventures. This approach can offer greater control and independence, as there are no external parties dictating terms or demanding repayment with interest. However, it can also limit the speed and scale of growth, as the available funds are finite.

For projects, being önfinanszírozott means that the necessary capital is generated internally. This might be through revenue from previous phases, existing assets, or the direct contributions of the project initiators. In personal finance, an individual who is önfinanszírozott pays for their education, housing, or other significant expenditures entirely from their own savings or income. The key characteristic is the absence of debt or reliance on outside financial assistance.