noun a reserve of money set aside for some purpose.
— synonyms: monetary_fund
noun a supply of something available for future use.
— synonyms: store, stock
noun a financial institution that sells shares to individuals and invests in securities issued by other companies.
— synonyms: investment_company, investment_trust, investment_firm
verb convert (short-term floating debt) into long-term debt that bears fixed interest and is represented by bonds.
verb place or store up in a fund for accumulation.
verb provide a fund for the redemption of principal or payment of interest.
verb invest money in government securities.
verb accumulate a fund for the discharge of a recurrent liability.
verb furnish money for.
Examples
“a fund for the maintenance of underprivileged students”
“Several major funds were declared insolvent recently.”