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Fund   /fənd/   Listen
noun
Fund  n.  
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."
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.


verb
Fund  v. t.  (past & past part. funded; pres. part. 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.





Collaborative International Dictionary of English 0.48


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"Fund" Quotes from Famous Books



... nominated by the emperor for three years, for whom Nero in 56 substituted two ex-praetors, under the same conditions. In addition to the common treasury, supported by the general taxes and charged with the ordinary expenditure, there was a special reserve fund, also in the temple of Saturn, the aerarium sanctum (or sanctius), probably originally consisting of the spoils of war, afterwards maintained chiefly by a 5% tax on the value of all manumitted slaves, this source of revenue being established by a lex Manlia ...
— Project Gutenberg Encyclopedia
... by whom they were communicated to Orange himself, and the Prince instantly ordered a sum of money to be given him. Thus Balthazar obtained from William's charity what Parma's thrift had denied—a fund for carrying out ...
— A Wanderer in Holland • E. V. Lucas
... goes into the fund, my dear, to be given to your favorite charity the first time you are down in time for breakfast. It amounts to several ...
— Pirate Gold • Frederic Jesup Stimson
... was gone, of course; and all that remained for Mrs. Sutherland was a small annuity, secured by her husband's payments to a certain fund for the use of officers' widows. From this she could spare but a mere trifle for the completion of Hugh's university-education; while the salary he had received at Turriepuffit, almost the whole of ...
— David Elginbrod • George MacDonald
... and, by custom, debarred from inns and places of public entertainment. His equal right to a free public education is constantly threatened and is nowhere equitably recognized. In Georgia, as has been shown by Dr. DuBois, where the law provides for a pro rata distribution of the public school fund between the races, and where the colored school population is 48 per cent. of the total, the amount of the fund devoted to their schools is only 20 per cent. In New Orleans, with an immense colored population, many of whom are persons of means and culture, all colored public ...
— The Negro Problem • Booker T. Washington, et al.


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