Financial resources or sums of money that are available for a specific purpose. The term is usually used in the plural and in formal, economic, or administrative contexts.
example
Für den Bau der neuen Bibliothek wurden zusätzliche Geldmittel bewilligt.
Additional funds were approved for the construction of the new library.
Usage tips
Word composition
The word is made up of 'Geld' (money) and 'Mittel' (means/resources). A 'Mittel' is a resource used to achieve a goal. So 'Geldmittel' means financial resources.
EXAMPLE
Ohne ausreichende Geldmittel kann das Projekt nicht starten.
Without sufficient funds, the project cannot start.
Use in the plural
This word is used almost exclusively in the plural ('die Geldmittel' — the funds). The singular form 'das Geldmittel' is very rare and sounds unnatural.
EXAMPLE
Die Regierung stellt neue Geldmittel für die Forschung bereit.
The government is providing new funds for research.
Register and style
'Geldmittel' (funds) is a formal term from administrative, economic, and political language. In everyday speech, people simply say 'Geld' (money).
EXAMPLE
Der Verein muss einen Antrag auf Geldmittel stellen.
The association has to apply for funds.
Typical collocations
Typical verbs used with 'Geldmittel' (funds) are 'beantragen' (to apply for), 'bewilligen' (to approve), 'bereitstellen' (to provide), or 'kürzen' (to cut/reduce).
EXAMPLE
Der Stadtrat hat die Geldmittel für das Kulturfestival bewilligt.
The city council approved the funds for the cultural festival.
Compare with
confusable
Geldmittel vs Finanzierung
financing
'Finanzierung' and 'Geldmittel' both belong to the topic of money for a specific purpose, but they do not mean the same thing. 'Finanzierung' describes more the process or solution: Where does the money come from, and how is something paid for? 'Geldmittel' are the sums of money or resources themselves that are available. The word is usually used in the plural and sounds more formal, for example in administration, business, or projects. Learners confuse the words because both occur in the context of projects. As a practical rule: you plan or secure a 'Finanzierung', but you have or need 'Geldmittel' (funds).
Geldmittel
Für die Renovierung fehlen noch die nötigen Geldmittel.
The necessary funds for the renovation are still lacking.
Finanzierung
Die Finanzierung des Projekts steht, deshalb kann das Team im März beginnen.
The financing for the project is in place, so the team can begin in March.