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more about fund
fund |
3 definitions found From Webster's Revised Unabridged Dictionary (1913) [web1913]: Fund \Fund\, v. t. [imp. & p. p. {Funded}; p. pr & vb n. {Funding}.] 1. To provide and appropriate a fund or permanent revenue for the payment of the interest of to make permanent provision of resources (as by a pledge of revenue from customs) for discharging the interest of or principal of as to fund government notes. 2. To place in a fund, as money. 3. To put into the form of bonds or stocks bearing regular interest; as to fund the floating debt. From Webster's Revised Unabridged Dictionary (1913) [web1913]: Fund \Fund\, n. [OF. font, fond, nom. fonz, bottom, ground, F. fond bottom, foundation, fonds fund, fr L. fundus bottom, ground, foundation, piece of land. See {Found} to establish.] 1. An aggregation or deposit of resources from which supplies are or may be drawn for carrying on any work or for maintaining existence. 2. A stock or capital; a sum of money appropriated as the foundation of some commercial or other operation undertaken with a view to profit; that reserve by means of which expenses and credit are supported; as the fund of a bank, commercial house, manufacturing corporation, etc 3. pl The stock of a national debt; public securities; evidences (stocks or bonds) of money lent to government, for which interest is paid at prescribed intervals; -- called also {public funds}. 4. An invested sum, whose income is devoted to a specific object; as the fund of an ecclesiastical society; a fund for the maintenance of lectures or poor students; also money systematically collected to meet the expenses of some permanent object. 5. A store laid up from which one may draw at pleasure; a supply; a full provision of resources; as a fund of wisdom or good sense An inexhaustible fund of stories. --Macaulay. {Sinking fund}, the aggregate of sums of money set apart and invested, usually at fixed intervals, for the extinguishment of the debt of a government, or of a corporation, by the accumulation of interest. From WordNet r 1.6 [wn]: fund n 1: a reserve of money set aside for some purpose [syn: {monetary fund}] 2: a supply of something available for future use "he brought back a large store of Cuban cigars" [syn: {store}, {stock}] 3: a financial institution that sells shares to individuals and invests in securities issued by other companies [syn: {investment company}, {investment trust}, {investment firm}] v 1: set up a fund; convert into a debt 2: store in a fund 3: furnish a fund for "Who will fund the new welfare program?"
more about fund