Nichole Nurenberg-Miller's definitions

crowdfunding

When groups of people who share common interests pool small contributions of money to achieve their common financial goals.

Heather is crowdfunding her first CD by asking her fan base, and the people in her community, to contribute 10 dollars each to the project.

My family crowdfunded our parent's 25th wedding anniversary trip to Germany.

by Nichole Nurenberg-Miller November 4, 2007