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Webster's Dictionary (1865)

2 entries under this word

Fund

Fund, n.

noun

[O. Fr. fund, fons, N. Fr. fond, fonds, Pr. fons, Sp. fundo, fondo, Pg. fundo, It. fondo, from Lat. fundus, bottom, ground, foundation.]

Sense 1. A deposit of resources from which supplies are drawn, out of which expenses are provided for, &c.; a stock or capital; a sum of money appropriated as the foundation of some commercial or other operation, undertaken with a view to profit, and by means of which expenses and credit are supported; an invested sum whose income is devoted to a specific object; as, the fund of a bank, commercial house, an ecclesiastical society, and the like.

Sense 2. A store laid up, from which one may draw at pleasure; a supply; a full provision of resources; as, a fund of wisdom or good sense. “An inexhaustible fund of stories.” Macaulay.

Sense 3. (pl.) The stock of a national debt; public securities; evidences of money lent to government, for which interest is paid at prescribed intervals;—called also public funds.

Sinking fund, a sum of money set apart, usually at fixed intervals, to the redemption of the debts of government or of a corporation.

Fŭnd, v. t.

verbtransitive

[imp. & p. p. FUNDED; p. pr. & vb. n. FUNDING.]

Sense 1. To provide and appropriate a fund or permanent revenue for the payment of the interest of; to make permanent provision of resources for discharging the annual interest of; as, to fund government notes; to fund a national debt.

Sense 2. To place in a fund, as money.

Sense 3. To put into the form of bonds or stocks bearing regular interest.