Fund (finance)/Definition

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< Fund (finance)
Revision as of 05:57, 10 March 2010 by imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> (i) (noun) A sum of money that is put aside for a specified purpose (such as "sinking fund" for the repayment of a debt). (ii) (noun) A professionally m...)
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Fund (finance) [r]: (i) (noun) A sum of money that is put aside for a specified purpose (such as "sinking fund" for the repayment of a debt). (ii) (noun) A professionally managed collection of financial assets. (iii) {verb) To provide financial resources to pay for a project. (iv)(verb) To convert short-term debt into long-term debt.