FUND
💰📈🏦

Example

The charity created a fund to support local school meals.

Definition

Money set aside for a purpose.

  • An organization or pool that manages invested money.
  • A money-management vehicle, such as a mutual fund.
  • A large stock or supply to draw upon.

To provide money for; to finance.

  • To place money into a fund or account.
  • To convert debt into interest-bearing long-term securities.