communal funds

Group's pooled money

Communal funds are money pooled and shared by a group rather than held individually.

The term appears in contexts ranging from religious communities to cooperative housing to family finances: The kibbutz members drew from communal funds for all expenses.

Decisions about communal funds typically require group consensus or designated oversight.

Related

housing cooperatives · oversight · mutual aid · crowdfunding · matching contributions · trusteeship · transparency · equity · philanthropy · audits · stewardship · shared responsibility · reciprocity · educational grants · endowment · bylaws · fiduciary duty · healthcare subsidies

Opposites
ownership/access

communal fundspersonal savings

Individually accumulated wealth

private wealth · personal assets · individual accounts · private property · sole ownership

access and distribution

communal fundsearmarked funds

Money reserved for particular use

Family

communal, commune, community, communion, communicate, communication, communicative, communicator, common

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Used worldwide · Timeless · Abstract · Rated G