Definition of

Fund

  1. (noun, group) a financial institution that sells shares to individuals and invests in securities issued by other companies
  2. (noun, possession) a reserve of money set aside for some purpose
  3. (noun, possession) a supply of something available for future use
  4. (verb, possession) furnish money for
  5. (verb, possession) accumulate a fund for the discharge of a recurrent liability
  6. (verb, possession) invest money in government securities
  7. (verb, possession) provide a fund for the redemption of principal or payment of interest
  8. (verb, possession) place or store up in a fund for accumulation
  9. (verb, possession) convert (short-term floating debt) into long-term debt that bears fixed interest and is represented by bonds

via WordNet, Princeton University

Origin of the word Fund

  1. 1664, from Fr. fond "a bottom, floor, ground," also "a merchant's basic stock or capital," from L. fundus "bottom, piece of land," from PIE base *bhu(n)d-, cognate with Skt. budhnah, Gk. pythmen "foundation, bottom," O.E. botm "lowest part" (see bottom). The verb is 1776, from the noun. Funds "money at one's disposal" is from 172… more

via Online Etymology Dictionary, ©2001 Douglas Harper

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