Fund

A source of money that will be allocated to a specific purpose. A fund can be established for any purpose whatsoever, whether it is a city government setting aside money to build a new civic center, a college setting aside money to award a scholarship, or an insurance company setting aside money to pay its customers' claims.

Individuals, businesses and governments all use funds to set aside money. Individuals might establish an emergency fund or rainy-day fund to pay for unforeseen expenses, or a trust fund to set aside money for a specific person.

Individual and institutional investors can also place money in different types of funds with the goal of earning money. Examples include mutual funds, which gather money from numerous investors and invest it in a diversified portfolio of assets, and hedge funds, which invest the assets of high-net-worth individuals in a way that is designed to earn above-market returns. Governments use funds, such as special revenue funds, to pay for specific public expenses.


Investment dictionary. . 2012.

Synonyms:

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  • fund — 1 n 1: a sum of money or other resources whose principal or interest is set aside for a specific objective cli·ent security fund: a fund established by each state to compensate clients for losses suffered due to their attorneys misappropriation… …   Law dictionary

  • fund(s) — fund or funds To capitalize with a view to the production of interest. Also, to put into the form of bonds, stocks, or other securities, bearing regular interest, and to provide or appropriate a fund or permanent revenue for the payment thereof.… …   Black's law dictionary

  • fund — FUND, funduri, s.n. 1. Partea de jos a unui vas, formând baza lui; cantitate de materii, lichide etc. rămasă pe această parte a vasului. ♦ Parte (mobilă) care formează baza unui butoi sau a altui recipient. ♦ Taler de lemn pe care se răstoarnă… …   Dicționar Român

  • fund — /fund/, n. 1. a supply of money or pecuniary resources, as for some purpose: a fund for his education; a retirement fund. 2. supply; stock: a fund of knowledge; a fund of jewels. 3. funds, money immediately available; pecuniary resources: to be… …   Universalium

  • Fund — Fund, n. [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… …   The Collaborative International Dictionary of English

  • Fund — 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… …   The Collaborative International Dictionary of English

  • Fund — may refer to:* The process of Funding, or providing capital (funds) for a transaction, a project, a person, a business or other private or public institutions * A Collective investment scheme or vehicle, often referred to as a fund ** Mutual fund …   Wikipedia

  • Fund — steht für: Entdeckung Fundsache; den Umgang damit regelt das Fundrecht einen archäologischen Fund, siehe Befund (Archäologie) Siehe auch: Fonds, englisch fund  Wiktionary: fund – Bedeutungserklärungen, Wortherkunft, Synonyme,… …   Deutsch Wikipedia

  • fund — [fund] n. [L fundus, bottom, land, estate (< IE * bhundhos < base * bhudh > BOTTOM): meaning infl. by Fr fond, stock, provision < same source] 1. a supply that can be drawn upon; stock; store [a fund of good humor] 2. a) a sum of… …   English World dictionary

  • fund — [n] repository, reserve armamentarium, capital, endowment, foundation, hoard, inventory, kitty*, mine, pool*, reservoir, source, stock, store, storehouse, supply, treasury, trust, vein; concepts 332,340,710 fund [v] provide money for back,… …   New thesaurus

  • fund — sb., et, fund, ene …   Dansk ordbog

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