Fund: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Sources: linked pages.) |
imported>Doug Williamson (Add additional definitions: Source:https://dictionary.cambridge.org/dictionary/english/fund) |
||
Line 18: | Line 18: | ||
For example, the UK's Pension Protection Fund. | For example, the UK's Pension Protection Fund. | ||
4. ''(Noun)'' | |||
A supply or amount of money saved, collected, or provided for a particular purpose. | |||
5. ''(Verb)'' | |||
To provide money for a particular purpose. | |||
Revision as of 17:23, 15 January 2020
1.
A privately owned investment portfolio, established to safeguard and grow the wealth of the investors.
For example, a mutual fund or a money market fund.
2.
An organisation established to promote development or other public benefit.
For example, the International Monetary Fund.
3.
An organisation established to safeguard the interests of stakeholders in other defaulting organisations.
For example, the UK's Pension Protection Fund.
4. (Noun)
A supply or amount of money saved, collected, or provided for a particular purpose.
5. (Verb)
To provide money for a particular purpose.