What does fund mean in vocabulary? (2024)

What does fund mean in vocabulary?

an amount of money saved, collected, or provided for a particular purpose: pension/trust fund Several financial advisers help manage the pension/trust fund. set up a fund The hospital has set up a special fund to buy new equipment. Contributions are being sought for the disaster fund. funds C1 [ plural ]

What does the word fund mean?

Key Takeaways. A fund is a pool of money set aside for a specific purpose. The pool of money in a fund is often invested and professionally managed in order to generate returns for its investors. Some common types of funds include pension funds, insurance funds, foundations, and endowments.

What is the vocabulary word of funds?

The word funds comes from the Latin word fundus, which means "bottom," "base," or "a piece of property." It's not clear how the noun funds got from property to available cash, but perhaps the connection came because a person could base his financial security on being able to sell his land if he needed ready money.

What does fund mean for kids?

A fund is a supply of money to be used for a specific purpose.

What is the meaning of verb fund?

fund. verb [ T ] /fʌnd/ to provide the money to pay for an event, activity, or organization: He plans to donate money to fund health centers.

What does fund of someone mean?

: having a liking for or love of (someone or something) : doing (something) a lot. I'm fond of skiing. She grew quite fond of him. 2. : doing (something) a lot.

What does fund mean in business?

A fund is a self-balancing set of accounts with assets, liabilities, and a fund balance. Funds show ownership of cash and fund balance and are distinguished by their source of revenue. Funds may be restricted or unrestricted and may be specific to one department or shared by many departments.

How do you use the word fund?

Examples of fund in a Sentence

Noun The fund was established to aid the poor. All her funds were in a checking account. His funds were getting lower as he continued to look for a job.

What is the meaning of fund in Oxford dictionary?

/fʌnd/ [countable] an amount of money that has been saved or has been made available for a particular purpose.

What is the synonym of fund?

fund (noun as in repository, reserve) Strongest matches. capital endowment foundation stock supply treasury trust.

What are 3 types of funds?

The Generally Accepted Accounting Principles (GAAP) basis classification divides funds into three fund categories: governmental, proprietary, and fiduciary.

What does fund class mean?

Different classes in a fund represent the different units the fund manager has created to suit certain types of buyers, for example, investors with HL or institutional investors such as pension funds and multi-manager funds. Each unit in the fund may have different costs and minimum investment levels.

What is the meaning of fund and finance?

A fund involves a set amount of money kept aside for specific financial goals such as retirement, higher education, or a wedding in the family. Finance involves building or raising money. It also involves the repayment of the principal sum along with regular interest payments.

What are funds in Roblox?

The Game Fund partnership program is for developers who love to experiment with new technology and want the opportunity to bring their creative vision to life on Roblox. Our goal is to partner closely with you to provide funding and support for your content development.

What is a fund vs a trust?

The difference between a Trust and a Trust Fund is small but important when it comes to understanding Estate Planning. A Trust is an agreement used to specify how certain assets will be managed and distributed. A Trust Fund is the legal entity those assets are placed into when the Trust is created.

What is the adjective of fund?

funded Add to list Share.

What does fund mean in social studies?

a supply of money or pecuniary resources, as for some purpose. a fund for his education. a retirement fund. 2. supply; stock.

What does it mean to fully fund?

What Is Fully Funded? Fully funded is a description of a pension plan that has sufficient assets to provide for all the accrued benefits it owes and can thus meet its future obligations.

Does funds mean cash?

Cash refers to physical currency in circulation, while fund refers to a collection of financial assets, such as stocks, bonds, and other investments, that are managed together to achieve a specific investment goal.

What is the meaning of good fund?

Good funds, as the name implies, are funds guaranteed to be available upon demand. They are an equivalent to cash, in that they are a medium of exchange that is immediately valid, available, and usable.

What is the difference between funds and fund of funds?

An FOF spreads out risk. Whereas owning one mutual fund reduces risk by owning several stocks, an FOF spreads risk among hundreds or even thousands of stocks contained in the mutual funds it invests in. FOFs also provide the opportunity to reduce the risk of investing with a single fund manager.

What is the role of a fund?

A fund manager oversees investment decisions for a mutual fund, aiming to maximise returns. How do fund managers decide where to invest? They analyse market trends, company performance, and economic indicators to make informed investment choices.

How do funds make you money?

The first way is to see a return from the interest and dividend payments off of the fund's underlying holdings. Investors can also make money based on trades made by management; if a mutual fund earns capital gains from a trade, it is legally obligated to pass on the profits to shareholders.

What is the effective use of fund?

Effective Utilization of Funds

The manager needs to plan an investment pattern, ensuring the accuracy of capital flows. The investment in fixed assets requires proper capital budgeting, opportunity cost, profit & loss analysis, and keen insight into allowable expenses by fund type.

What does the root word fund mean?

bottom, depths, basis.

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