fund

  

Definitions (4)

1. Sum of money set aside and earmarked for a specified purpose. See also funds.
2. Accounting entity (similar to a bank account) for recording expenditures and revenues associated with a specific activity.
3. To finance or underwrite a business, program, or project.
4. Popular term for mutual fund.

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The Objectives of a Financier

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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