Fund (finance)/Definition: Difference between revisions
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(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 [[asset (finance)|financial assets]]. (iii) | (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 [[asset (finance)|financial assets]]. (iii) (verb) To provide financial resources to pay for a project. (iv)(verb) To convert short-term debt into long-term debt. | ||
Latest revision as of 05:01, 10 March 2010
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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.