FUND
Scrabble letter values: F4U1N1D2 = 8
Definition
- 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
- “he brought back a large store of Cuban cigars”
- “fund a medical care plan”
- “The government funds basic research in many areas”