FUNDS

funds, finances, monetary resource, cash in hand, pecuniary resource

(noun) assets in the form of money

Source: WordNet® 3.1


Noun

funds

plural of fund

Financial resources

Verb

funds

Third-person singular simple present indicative form of fund

Source: Wiktionary


FUND

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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Word of the Day

23 December 2024

QUANDONG

(noun) Australian tree having hard white timber and glossy green leaves with white flowers followed by one-seeded glossy blue fruit


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Coffee Trivia

Brazil is the largest coffee producer in the world. Each year Brazil exports more than 44 million bags of coffee. Vietnam follows at exporting over 27 million bags each year.

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