fund

/fˈʌnd/

/ˈfənd/

Fund

a sum of money that is collected and saved for a particular purpose

an amount or a supply of something useful, such as money, knowledge, etc.

synonyms : stock

a financial institution that sells shares to individuals and invests in securities issued by other companies

to fund

MAIN VERB

to supply money for a special purpose

place or store up in a fund for accumulation

convert (short-term floating debt) into long-term debt that bears fixed interest and is represented by bonds

accumulate a fund for the discharge of a recurrent liability

invest money in government securities

provide a fund for the redemption of principal or payment of interest

Examples

1. The project was totally funded by the government.

2. The scholarship fund had made a difference in a lot of people's lives.

3. The committee will discuss the allocation of funds next Tuesday.

4. The company's recent collapse has left their pension fund members up the creek.