# fund

Pronunciation: say "FUND" /ˈfʌnd/

## Verb

1. To provide the money needed to pay for something.
   - Simple: To pay for something or provide the money needed to do it.
   - _The government agreed to fund the research for another five years._
   - _Donations from alumni fund most of the university's scholarships._
6. To pay money into a fund or account so that it is held or invested there, as when an employer funds a pension plan.
   - Simple: To put money into an account set up for a particular purpose.
   - _Employers fund the retirement plan by depositing a percentage of each salary._
   - _She funds her savings account automatically every payday._
7. To convert a debt into long-term securities that carry a fixed rate of interest.
   - Simple: To turn a short-term debt into a long-term loan that pays interest.
   - _Parliament voted to fund the national debt by issuing long-term bonds._
   - _The treasury funded the floating debt to stabilize public finances._

## Noun

2. A sum of money set apart for one particular purpose, such as a relief fund or a fund for repairing a roof.
   - Simple: Money saved or set aside for a particular purpose.
   - _The charity set up a relief fund for victims of the earthquake._
   - _Their emergency fund covered three months of living expenses._
3. Money on hand for a person, an organization or a government to spend; the financial means at someone's disposal.
   - Simple: The money that a person, group or government has to spend.
   - _The city lacks the funds to repair every damaged road this year._
   - _Public funds were used to rebuild the bridge after the flood._
4. A pool of money from many investors that is invested on their behalf, or the organization that manages it, such as a mutual fund or pension fund.
   - Simple: Money from many people that is put together and invested for them, or the company that does this.
   - _The fund spreads investors' money across hundreds of companies to reduce risk._
   - _Many retirement plans rely on a fund that tracks the broader market._
5. A large store or supply of something that can be drawn upon as needed.
   - Simple: A large supply of something that you can use when you need it.
   - _He drew on a seemingly endless fund of energy during the campaign._
   - _Her grandmother possessed a rich fund of folk wisdom._

## Origin

Borrowed from Latin "fundus." It is a doublet of "fond" and "fundus," and traces back to the Proto-Indo-European root *bʰudʰmḗn.

Source: DictionaryAI, https://dictionaryai.com/define/fund (written from Wiktionary data, CC BY-SA 4.0: https://creativecommons.org/licenses/by-sa/4.0/).