| Fund (fund) |
|---|
| n. | (?) |
|---|
| Fund |
| [OF. font,
fond, nom. fonz, bottom, ground, F. fond bottom,
foundation, fonds fund, fr. L. fundus bottom, ground,
foundation, piece of land. See Found to establish.] |
An aggregation or deposit of resources from
which supplies are or may be drawn for carrying on any work, or for
maintaining existence.
A stock or capital; a sum of money
appropriated as the foundation of some commercial or other operation
undertaken with a view to profit; that reserve by means of which
expenses and credit are supported; as, the fund of a bank,
commercial house, manufacturing corporation, etc.
The stock of a national debt;
public securities; evidences (stocks or bonds) of money lent to
government, for which interest is paid at prescribed intervals; --
called also public funds.
An invested sum, whose income is devoted
to a specific object; as, the fund of an ecclesiastical
society; a fund for the maintenance of lectures or poor
students; also, money systematically collected to meet the expenses
of some permanent object.
A store laid up, from which one may draw
at pleasure; a supply; a full provision of resources; as, a
fund of wisdom or good sense.
|
To provide and appropriate a
fund or permanent revenue for the payment of the interest of] to make
permanent provision of resources (as by a pledge of revenue from
customs) for discharging the interest of or principal of; as, to
fund government notes.
To place in a fund, as money.
To put into the form of bonds or stocks
bearing regular interest; as, to fund the floating
debt.
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In celebration of Noah Webster's Birthday (October 16, 2009), we have prepared an updated website. 