Fund
/fʌnd/
Definitions
2 meaningsA sum of money saved or available for a specific purpose.
/fʌnd/
A sum of money saved or made available for a particular purpose.
The university established a fund to support research.
💡 Simply: Imagine you have a piggy bank for a special reason, like buying a new bike. The money in the piggy bank is a fund!
👶 For kids: Money that's saved up for something special.
More Examples
They raised a fund to help victims of the disaster.
How It's Used
"The company allocated a fund for employee training."
"The charity received a large fund from a generous donor."
To provide money for something.
/fʌnd/
The project was funded by a grant from the government.
💡 Simply: Imagine you're giving your friend money so they can buy something they really want. That's funding!
👶 For kids: To give money to help something happen.
More Examples
The company decided to fund the research department.
How It's Used
"The government funded the new infrastructure project."
"The scholarship program is funded by alumni donations."
Idioms & expressions
in fund
Refers to something already accounted for or available.
"The project is in fund, we can start immediately."
fund manager
An individual or organization that invests funds on behalf of others or a group.
"The fund manager decided to invest in tech stocks."
From Old French *fond* (ground, bottom), from Latin *fundus* (bottom, foundation). Initially referring to a sum of money set aside for a specific purpose.
The word's financial context emerged in Middle English, initially related to the bottom or base of something, and later, an established resource.
Memory tip
Think of a treasure chest filled with money specifically set aside for a goal.