Difference between revisions of "Fund"
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To '''fund''' (''v.'') is to provide the financial wherewithal (i.e. the funds) to support a project through to its completion. | To '''fund''' (''v.'') is to provide the financial wherewithal (i.e. the funds) to support a project through to its completion. | ||
| + | [[Category:Economics]] | ||
[[Category:Dictionary]] | [[Category:Dictionary]] | ||
Revision as of 22:18, October 1, 2008
A fund (n.) is a source of supply or a reserve (usually pecuniary or monetary) to facilitate something. Often in reference to a large-scale or long-term project. In financial markets, funds (such as mutual funds) are organizations or closed entities that manage investments with a specific goal, market or method.
To fund (v.) is to provide the financial wherewithal (i.e. the funds) to support a project through to its completion.