Meaning of the word fundraise in English

What does fundraise mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

fundraise

US /ˈfʌndˌreɪz/
UK /ˈfʌndˌreɪz/
"fundraise" picture

Verb

to collect money for a particular purpose, especially for a charity

Example:
The school decided to fundraise for a new playground.
They are fundraising to help victims of the earthquake.