FUND

fund, monetary fund

(noun) a reserve of money set aside for some purpose

store, stock, fund

(noun) a supply of something available for future use; “he brought back a large store of Cuban cigars”

fund

(verb) furnish money for; “The government funds basic research in many areas”

fund

(verb) accumulate a fund for the discharge of a recurrent liability; “fund a medical care plan”

fund

(verb) invest money in government securities

fund

(verb) provide a fund for the redemption of principal or payment of interest

fund

(verb) place or store up in a fund for accumulation

fund

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

Source: WordNet® 3.1

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Etymology

Noun

fund (plural funds)

A sum or source of money.

An organization managing such money.

A money-management operation, such as a mutual fund.

A large supply of something to be drawn upon.

Verb

fund (third-person singular simple present funds, present participle funding, simple past and past participle funded)

(transitive) To pay for.

(transitive) To place (money) in a fund.

(transitive) To form a debt into a stock charged with interest.

Source: Wiktionary

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Fund, n. Etym: [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.

Definition: 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.

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.

Source: Webster’s Unabridged Dictionary 1913 Edition

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