fund

A fund is a supply of money to be used for a specific purpose. You can start a fund for almost anything, such as your child’s education, a new car, or the establishment of the world’s largest origami collection.

Fund can be used as a verb meaning “provide funds for something.” If you’re unable to save up the money to start your origami collection, you might ask a friend to fund it. (We predict she’ll say no.) An organization that raises money for a particular, often charitable, purpose can also be called a fund. We doubt an origami collection warrants its own fund, but there's no harm in trying.

Definitions of fund
  1. noun
    a reserve of money set aside for some purpose
    synonyms: monetary fund
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    types:
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    mutual fund
    the pooled money that is invested in assets
    revolving fund
    a fund which, if borrowed or used, is intended to be replenished so it may be loaned or spent repeatedly
    sinking fund
    a fund accumulated regularly in a separate account and used to redeem debt securities
    nest egg, savings
    a fund of money put by as a reserve
    pension fund, superannuation fund
    a fund reserved to pay workers' pensions when they retire from service
    war chest
    a fund accumulated to finance a war (or a political campaign)
    slush fund
    a fund for buying votes or bribing public officials
    trust fund
    a fund held in trust
    bank deposit, deposit
    money deposited in a bank or some similar institution
    budget
    a sum of money allocated for a particular purpose
    petty cash
    a small fund of cash that a firm keeps for the payment of incidental expenses
    ETF, exchange traded fund
    a mutual fund that is traded on a stock exchange
    index fund
    a mutual fund whose assets are stocks on a given list
    demand deposit
    a bank deposit from which withdrawals can be made without notice
    Civil List
    a sum of money voted by British Parliament each year for the expenses of the British royal family
    operating budget
    a budget for current expenses as distinct from financial transactions or permanent improvements
    type of:
    money
    the most common medium of exchange; functions as legal tender
  2. noun
    a supply of something available for future use
    synonyms: stock, store
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    base, infrastructure
    the stock of basic facilities and capital equipment needed for the functioning of a country or area
    cache, hoard, stash
    a secret store of valuables or money
    provision
    a store or supply of something (especially of food or clothing or arms)
    government issue, issue, military issue
    supplies (as food or clothing or ammunition) issued by the government
    seed stock
    a supply of seeds (or tubers) reserved for planting
    seed corn, seed grain
    good quality seeds (as kernels of corn) that are reserved for planting
    type of:
    accumulation
    (finance) profits that are not paid out as dividends but are added to the capital base of the corporation
  3. verb
    furnish money for
    “The government funds basic research in many areas”
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    grubstake
    supply with funds in return for a promised share of profits
    bankroll
    provide with sufficient funds; finance
    absorb, take over
    take up, as of debts or payments
    type of:
    support
    support materially or financially
  4. verb
    place or store up in a fund for accumulation
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    accumulate, amass, collect, compile, hoard, pile up, roll up
    get or gather together
  5. verb
    provide a fund for the redemption of principal or payment of interest
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    type of:
    furnish, provide, render, supply
    give something useful or necessary to
  6. verb
    accumulate a fund for the discharge of a recurrent liability
    fund a medical care plan”
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    type of:
    accumulate, amass, collect, compile, hoard, pile up, roll up
    get or gather together
  7. noun
    a financial institution that sells shares to individuals and invests in securities issued by other companies
    synonyms: investment company, investment firm, investment trust
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    hedge fund, hedgefund
    a flexible investment company for a small number of large investors (usually the minimum investment is $1 million); can use high-risk techniques (not allowed for mutual funds) such as short-selling and heavy leveraging
    mutual fund, mutual fund company, open-end fund, open-end investment company
    a regulated investment company with a pool of assets that regularly sells and redeems its shares
    closed-end fund, closed-end investment company
    a regulated investment company that issues a fixed number of shares which are listed on a stock market
    face-amount certificate company
    a regulated investment company that pays a stated amount to certificate holders on a stated maturity date
    REIT, Real Estate Investment Trust
    an investment trust that owns and manages a pool of commercial properties and mortgages and other real estate assets; shares can be bought and sold in the stock market
    unit investment trust, unit trust
    a regulated investment company consisting of professional managers who issue redeemable securities representing a portfolio of many different securities
    fixed investment trust, nondiscretionary trust
    an investment trust that can buy only those securities listed when the trust was organized
    index fund
    a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
    type of:
    nondepository financial institution
    a financial institution that funds their investment activities from the sale of securities or insurance
  8. verb
    convert (short-term floating debt) into long-term debt that bears fixed interest and is represented by bonds
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    finance
    obtain or provide money for
  9. verb
    invest money in government securities
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    type of:
    commit, invest, place, put
    make an investment
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