fund

Definition:

1. A stock or sum of money, especially one set aside for a particular purpose. 2. To provide money for a particular purpose. 3. Plural form (funds). Financial resources; finances. 4. Another term for ‘working capital’. 5. Plural form written with capital F (Funds). British government stocks. (Originally, before the creation of the Consolidated Fund, the taxes or funds charged with repayment of loans; then the loans themselves). 6. To provide for a financial obligation by borrowing money for a fixed period, especially for a long period. 7. To provide for a future financial obligation by setting aside money and lending it to earn interest; to create a sinking fund. 8. To provide for the payment of pensions to employees of one accounting entity by transferring assets of that entity to a separate entity made responsible for paying the pensions.



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