foundation

  

Definitions (2)

1. Organization established from donated funds, for the purpose of donating funds (grants) to others.
2. Part of a building or structure that transmits structural loads to the earth and supports the superstructure.

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The objects of a financier are, then, to secure an ample revenue; to impose it with judgment and equality; to employ it economically; and, when necessity obliges him to make use of credit, to secure i ... Read more

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