Funds
fʌndz
Definitions
2 meaningsA supply of money for a specific purpose.
fʌndz
A sum of money saved or made available for a particular purpose.
The school needs additional funds to buy new computers.
💡 Simply: Imagine you're saving money for a new toy. The 'funds' are the money you're putting aside to buy it. It's like having a little piggy bank dedicated to that toy!
👶 For kids: Money that is saved or collected for something.
More Examples
The charity relies on donations to replenish its funds.
They are seeking funds to launch their new project.
How It's Used
"The company raised funds through a public offering."
"The government allocated funds for infrastructure projects."
"They are trying to gather funds for the victims of the disaster."
To supply money for a particular purpose.
fʌndz
To provide money for (something).
The project was funded by a grant from the government.
💡 Simply: Imagine you're giving someone money to buy snacks for a party. You're 'funding' the party snacks! You are giving funds.
👶 For kids: To give money for something to happen.
More Examples
The organization needs more money to fund its programs.
The company plans to fund the expansion with a bank loan.
How It's Used
"The government funded the research project."
"The university is funded by tuition and donations."
"The campaign was heavily funded by outside donors."
Idioms & expressions
in funds
Having enough money.
"I'm not in funds this week, so I can't go out for dinner."
short on funds
Lacking sufficient money.
"The museum is short on funds, and they might have to close some exhibits."
raise funds
To collect money for a specific purpose.
"The charity is planning to raise funds for the homeless."
From Middle English foundes, plural of founde ('provision, store'), from Old French fonds ('bottom, base, foundation'), from Latin fundus ('bottom, base, foundation').
The word 'funds' has been used to denote a financial resource for centuries, appearing in early legal and financial documents.
Memory tip
Think of a 'fund' as a financial foundation or a pool of money to achieve a specific goal.
Word Origin
"bottom, base, foundation"