fund

Definitions

  • WordNet 3.6
    • v fund furnish money for "The government funds basic research in many areas"
    • v fund accumulate a fund for the discharge of a recurrent liability "fund a medical care plan"
    • v fund invest money in government securities
    • v fund provide a fund for the redemption of principal or payment of interest
    • v fund place or store up in a fund for accumulation
    • v fund convert (short-term floating debt) into long-term debt that bears fixed interest and is represented by bonds
    • n fund a financial institution that sells shares to individuals and invests in securities issued by other companies
    • n fund a reserve of money set aside for some purpose
    • n fund a supply of something available for future use "he brought back a large store of Cuban cigars"
    • ***
Webster's Revised Unabridged Dictionary
  • Interesting fact: The highest toll paid by a ship to cross the Panama Canal was by the Crown Princess on May 2, 1993 in the amount of $141,349.97 U.S. funds
    • Fund 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.
    • Fund 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. "An inexhaustible fund of stories."
    • Fund An aggregation or deposit of resources from which supplies are or may be drawn for carrying on any work, or for maintaining existence.
    • Fund 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.
    • Fund 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.
    • Fund To place in a fund, as money.
    • Fund 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.
    • Fund To put into the form of bonds or stocks bearing regular interest; as, to fund the floating debt.
    • ***
Century Dictionary and Cyclopedia
  • Interesting fact: The United States Treasury Department maintains a fund known as "The Conscience Fund," which accepts money sent in anonymously by taxpayers who think they've cheated the government. The money is used for miscellaneous expenses.
    • n fund Bottom. See in the fund, below.
    • n fund A stock or accumulation of money or other forms of wealth devoted to or available for some purpose, as for the carrying on of some business or enterprise, or for the support and maintenance of an institution, a family, or a person: as, a sinking fund; the funds of a bank or corporation; the Widows' and Orphans' Fund, etc. A fund may be either active or passive. It is active when the bulk of it is invested in the subjects of the business or enterprise, as merchandise, ships, factories, land, bank loans, etc.; passive when it is invested in such a way (as in real estate or stocks) as to produce a fixed or nearly uniform income, which alone is used for the specific purpose, or when it is used or drawn upon directly for expenses, being insufficient to produce the requisite income by investment, or when it is maintained by collections or contributions for specific objects, as the support of missionaries or of charitable enterprises. Both active and passive funds may be either individual or collective; when collective, an individual interest in the former usually consists of a partnership or the ownership of joint stock, and in the latter of membership or of some right of joint control, unless the contributions are absolute gifts.
    • n fund A store of anything to be drawn upon at pleasure; a stock or main source of supply; especially, an equipment of specific mental resources; a stock of knowledge or mental endowment of any kind: as, a fund of wisdom or good sense; a fund of anecdote.
    • fund To collect and accumulate; store.
    • fund To convert (a floating debt) into capital or stock, or into a more or less permanent debt, represented by bonds for definite sums, bearing interest at a fixed rate, and commonly redeemable within a fixed period of years. That part of the indebtedness of a government or corporation which is payable immediately or soon, so that early provision for payment must be made or forbearance obtained, is called the floating debt. To fund such an indebtedness is to cancel it by inducing the creditor to take in its place obligations having considerable time to run, and issued, in convenient portions or shares, in the form of interest-bearing bonds or certificates available to the holder as marketable securities; or by procuring a fresh loan on the issue of such obligations, and using the proceeds to pay off the floating indebtedness. To refund a debt is to repeat this process when the time obtained by the funding expires. The funded debt of a body politic or corporate is the aggregate of the debt thus provided for. It is approximately the same in amount as the old debt, unless it is increased, as is often the case, by including in it the expenses of funding, or by issuing the obligations below par. The funded debts of governments are spoken of as the public funds, and the securities issued are spoken of as stocks or bonds. Such securities, when issued by corporations, are usually spoken of in the United States as bonds (the word stocks being applied to shares, which do not represent the debt of a corporation, but ownership in it), and in Great Britain as bonds or debentures. With the funding of a debt is frequently coupled the creation of a sinking-fund for its redemption. See sinking-fund, under fund, n.
    • fund To go; proceed.
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Chambers's Twentieth Century Dictionary
    • n Fund fund a sum of money on which some enterprise is founded or expense supported: a supply or source of money: a store laid up: supply:
    • v.t Fund to form a debt into a stock charged with interest: to place money in a fund
    • n Fund fund (pl.) permanent debts due by a government and paying interest
    • ***

Quotations

  • Lord Hanson
    Lord Hanson
    “Always be nice to bankers. Always be nice to pension fund managers. Always be nice to the media. In that order.”
  • William Hazlitt
    William%20Hazlitt
    “There are many who talk on from ignorance rather than from knowledge, and who find the former an inexhaustible fund of conversation.”
  • Henry Miller
    Henry%20Miller
    “Life is constantly providing us with new funds, new resources, even when we are reduced to immobility. In life's ledger there is no such thing as frozen assets.”
  • Donald H. Mcgannon
    Donald H. Mcgannon
    “There's a way of transferring funds that is even faster than electronic banking. It's called marriage.”
  • Oscar Ameringer
    Oscar Ameringer
    “Politics is the gentle art of getting votes from the poor and campaign funds from the rich by promising to protect each from the other.”
  • Samuel Johnson
    Samuel%20Johnson
    “Prejudice not being funded on reason cannot be removed by argument.”

Etymology

Webster's Revised Unabridged Dictionary
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
Chambers's Twentieth Century Dictionary
Fr. fond—L. fundus, the bottom.

Usage

In literature:

I found the living rather expensive, and that it was making a steady drain upon my funds.
"A Boy's Voyage Round the World" by The Son of Samuel Smiles
He might want a subscription to the funds of his party.
"Gossamer" by George A. Birmingham
Parkersburg enjoys the distinction of having established in this State the first school for Negroes supported by private funds.
"The Journal of Negro History, Volume 7, 1922" by Various
Some of them might generate worth-while amounts of funds.
"Final Weapon" by Everett B. Cole
In England the prospect of a peace was hailed with satisfaction, and the funds rose 4 per cent.
"The Political History of England - Vol. X." by William Hunt
He was still thinking of issuing a newspaper, but there were no funds for that purpose.
"The Jewish State" by Theodor Herzl
The value of the grounds and buildings aggregated $15,146,588, and the productive fund $10,411,964.
"Colleges in America" by John Marshall Barker
Congress has been generous in funding requests for U.S. troops, but it has resisted fully funding Iraqi forces.
"The Iraq Study Group Report" by United States Institute for Peace
Walking on Hampstead Heath to think over his Theatrical Fund speech, he met Mr.
"The Life of Charles Dickens, Vol. I-III, Complete" by John Forster
The funds are exhausted.
"Answers to Prayer" by George Müller
Whenever she walks down town instead of riding, she has a right to the nickel to add to the fund in the back of her top bureau drawer.
"Beatrice Leigh at College" by Julia Augusta Schwartz
This is put under the "operating fund," and takes care of all the League expenditures, except those of the Welfare Committee.
"The 1926 Tatler" by Various
He has a court order for the bank accounts and the right to take charge of our funds.
"Frenzied Finance" by Thomas W. Lawson
He had no funds, and had exhausted all possible means of raising funds.
"Charles I" by Jacob Abbott
Petion furnished him with funds.
"A History of the Nineteenth Century, Year by Year" by Edwin Emerson
Public taxes provide the funds for public education.
"The New Education" by Scott Nearing
I put half of the amount to the fund for these objects, and half to the orphan fund.
"The Life of Trust: Being a Narrative of the Lord's Dealings With George Müller" by George Müller
When he is without funds, you can not blame him for that.
"Negro Migration during the War" by Emmett J. Scott
The inspiration of the fund was the children that were to be.
"In a Little Town" by Rupert Hughes
The Philadelphia Musical Fund Society established.
"Annals of Music in America" by Henry Charles Lahee
***

In poetry:

There ev'ry one alike, is free
The glorious Shekinah to see;
For, in God's presence, still there is
A never-failing fund of bliss.
"Concerning The New Jerusalem" by Rees Prichard
A fund of joys, that never waste,
Nature to this sweet pair had given;
Invention, harmony, and taste,
And fancy, brightest gift of Heaven!
"The Stag" by William Hayley
"But will ye stay till the day gae down,
Until the night come o'er the grund,
And I'll be a guide worth ony twa,
That may in Liddesdale be fund?
"Hobbie Noble" by Andrew Lang
Is time — not years — millennia of time
And funding ready to withstand the strain
Of a black hole. He needs stars in his brain
And something like the ocean in his mind.)
"The Alchemist" by Rainer Maria Rilke
The good old deacon's gone to whar
Thar ain't no wild contentions
On Buildin' Funds' Committees and
No taxes nor exemptions.
Yet still I sort of feel he preaches,
And Minta Ann preserves my peaches.
"The Deacon And His Daughter" by Isabella Valancy Crawford
At Glasgow's sacred school, we find
The youth, who'd left the tart behind.
The Presbyterian fund, he'd try,
And fill a pulpit by and by.
The food he made was chang'd--the whole
Then for the body--now the soul.
"Preferment" by William Hutton

In news:

Fund­ing for the remain­ing work on the cour­t­house ren­o­va­tion and tax monies for jail fund­ing were top top­ics from the pub­lic for Mor­row County Com­mis­sion­ers dur­ing the past week's meetings.
The study was funded by the task force using organizational funding generated by the Why Not Dodge.
Deputy Director for the city of Tucson's Transportation Department Carlos de Leon tells 9OYS the city will aggressively look for alternative funding to limit impact on general fund.
Marcia Franklin talks with attorney Kenneth Feinberg, the special master of the September 11th Victim Compensation Fund and the administrator of the BP Deepwater Horizon Oil Spill Trust and the Hokie Spirit Memorial Fund at Virginia Tech.
"There are under-funded pension funds throughout the world.".
Funds for the Title I program in the Milaca School District have been bumped up 57 percent from $216,000 to $338,000 for the 2011-12 school year but funding difficulties still lie ahead.
ATP, Hilleroed, Denmark, will restructure the 789 billion Danish kroner ($137 billion) pension fund's hedge fund-of-funds division , ATP Alpha, according to a news release by the fund.
"We used a combination of some supplemental funding and stimulus funding to dredge in 2010, so we did not dredge in 2011 or 2012," Curry said.
Hedge fund style " drift " is said to occur when a hedge fund manager strays from their stated investment strategy.
The earmarks in question have received authorization for funding (but not necessarily the funding) through the committee process.
Two transparency groups urged senators Wednesday not to combine the e-government fund with the Federal Citizen Services Fund, both of which pay for government transparency initiatives.
The largest US private- equity funds and venture capital firms have relied on a lobbying campaign to protect the carried interest tax break that has benefited fund managers.
Tucson News NowWhy the Mutual Fund Industry Does Not Want To Reveal $10 Billion in Hidden Costs to Equity Fund Shareholders.
Cockerline took issue with my recent unfavourable comparisons of mutual funds with exchange-traded funds ETFs are still largely passive in Canada meaning they simply track or mimic an index like the S&P 500 with no buying and selling.
The early lead of the company's iShares unit—its oldest funds date to the 1990s, long before ETFs went mainstream—means many of its funds are the most-heavily traded in their particular category.
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In science:

This work was partially supported by the Austrian Science Fund Pro ject N Z29-INF.
QUIP - A Tool for Computing Nonmonotonic Reasoning Tasks
MURRE, Lectures on an introduction to Grothendieck’s theory of the fundamental group, Tata Inst. of Fund.
Ramification of local fields with imperfect residue fields
This work was supported in part by funds provided by the Spanish DGICYT grant no.
Generalized heat kernel coefficients
This research was partly carried out during a visit, funded by the CNRS, to the Laboratoire de Probabilit´es, Paris 6, and partly at the ENS, thanks to financial support of INRIA.
A path-transformation for random walks and the Robinson-Schensted correspondence
This work was partially supported by the Jean and Helene Alfassa fund for research in Artificial Intelligence.
Connectives in Quantum and other Cumulative Logics
Partially supported by the Technion V.P.R. fund for the promotion of research.
A law of large numbers for random walks in random mixing environments
This publication makes use of data products from the Two Micron All Sky Survey, which is a joint pro ject of the University of Massachusetts and IPAC/Caltech, funded by NASA and the NSF.
An Upper Limit to the Age of the Galactic Bar
This work was supported in part by the BK21 program at Seoul National University, by the SNU foundation & Overhead Research fund and by Korea Research Foundation (KRF) through grant KRF-2002-003-C00033.
Perturbative improvement of staggered fermions using fat links
Torino University funds (60 %) are also acknowledged. D.
Instability of two interacting, quasi-monochromatic waves in shallow water
Coll. on Algebra, Arithmetic and Geometry, Mumbai 2000, Tata Inst. of Fund.
The additive dilogarithm
An essential part of this work was done while the second author was visiting IML in Marseille, thanks to CNRS funding.
Retractions of Types with Many Atoms
This work was carried out, while the first author was a member of the MaPhySto – Centre for Mathematical Physics and Stochastics, funded by the Danish National Research Foundation.
A new application of Random Matrices: Ext(C*_{red}(F_2)) is not a group
Keck Foundation for the vision to fund the construction of the W. M.
Dynamics of the Globular Cluster System Associated with M49 (NGC4472): Cluster Orbital Properties and the Distribution of Dark Matter
BG’s research was supported by the Fund for the Promotion of Research at Technion.
Random Combinatorial structures:the convergent case
He also acknowledges support by the Theoretical Astrophysics Visitors’ fund at Northwestern University.
The Cosmic Coalescence Rates for Double Neutron Star Binaries
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