Fund
(noun)
- A reserve of money or resources that can be used to finance a specific activity or purpose.
- A reserve of money or resources that is set aside or saved for a specific purpose.
- A sum of money or resources that is available for a specific purpose or activity.
- A financial resource or reserve, such as a savings account or investment.
- A collection of assets, such as stocks, bonds, or real estate, that is managed as a single entity and used to invest in order to generate income or capital gains.
Origin:
The word fund comes from the latin word "fundus" which means bottom or foundation. this word was used to refer to a reserve of money or resources.
Examples:
- He established a fund for charity.
- She contributed to the fund.
- They used the fund for the project.
- The fund has grown over the years.
- The company's pension fund.