cofinance

verb

co·​fi·​nance ˌkō-fə-ˈnan(t)s 

-ˈfī-ˌnan(t)s,

-fī-ˈnan(t)s

variants or co-finance

cofinanced or co-financed; cofinancing or co-financing

transitive verb

: to join one or more others in providing money or funds for (something) : to finance (something) jointly

Local businesses are cofinancing the festival.

Last month, the studio announced that two Chinese media companies … had agreed to co-finance the studio's movies for the next three years.

—Diane Haithman

Word History

First Known Use

1928, in the meaning defined above