Difference between revisions of "Fund"
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| − | A '''fund''' (''n.'') is a source of supply or a reserve (usually pecuniary or [[money]]) 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. | + | A '''fund''' (''n.'') is a source of supply or a reserve (usually pecuniary or [[money]]) 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. |
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| + | As a noun, '''fund''' refers to one of several accounts used in governmental accounting. | ||
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. | ||
Latest revision as of 15:30, February 24, 2018
A fund (n.) is a source of supply or a reserve (usually pecuniary or money) 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.
As a noun, fund refers to one of several accounts used in governmental accounting.
To fund (v.) is to provide the financial wherewithal (i.e. the funds) to support a project through to its completion.
