[General] We have fund available

[suniljain]

We have funds available in hand is USD 2.5mn.

I understand "is" is not correct in above sentence and we should use 'of"?

Am I right? If so please help me to understand why "is" not correct and "of " is correct?

 

[probus]

You are correct. If "is" were allowed, your passage would no longer be a sentence, as it would have two verbs, "have"and "is".

 

[Tarheel]

Say:

We have funds available on hand in USD 2.5m.

 

[tedmc]

I think you can also say " funds in hand of $2.5m".

 

[suniljain]

You are correct. It "is" were allowed, your passage would no longer be a sentence, as it would have two verbs, "have"and "is".

After Ist sentence, "If" should by used instead of "It".

 

[probus]

I think you can also say " funds in hand of $2.5m".

Yes, and "of x million" seems far more natural than "in x million" to me.

 

[suniljain]

You are correct. If "is" were allowed, your passage would no longer be a sentence, as it would have two verbs, "have"and "is".

What does word "passage mean? I guess "sentence".

 

[suniljain]

You are correct. If "is" were allowed, your passage would no longer be a sentence, as it would have two verbs, "have"and "is".

What you have mentioned as Penal Interest (Principal) is actually the interest on overdue principal.

Is the above sentence correct? I doubt because of two verbs in above sentence. Please clarify.

 

[Tarheel]

No, there is one verb: is.

 

[Matthew Wai]

The what-clause functions as a noun, so the construction is 'Something is actually something'.

 

[suniljain]

The what-clause functions as a noun, so the construction is 'Something is actually something'.

Does it mean that sentence begins with What/why/who may also act as a Noun?

 

[Matthew Wai]

http://www.grammar-once-and-for-all.com/syntax/wh-word-clauses/
Scroll down to 'WH-Word Noun Clauses'.