Fund and Regulation: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add additional definitions: Source:https://dictionary.cambridge.org/dictionary/english/fund)
 
imported>Doug Williamson
(Updated entry. Source ACT Glossary of terms)
 
Line 1: Line 1:
1.
''1. Law.''
Rule designed to carry out a specific piece of legislation. Usually enforced by a regulatory agency.  


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. ''European Union law''.  


An act of European Union (EU) law having direct effect in all member states.


2.
Regulations are passed either jointly by the EU Council and European Parliament, or by the EU Commission alone.  


An organisation established to promote development or other public benefit.


For example, the International Monetary Fund.
3.  
 
 
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.


More generally, a rule to control, direct or manage an activity, organisation or system. It may or may not have legal authority.




== See also ==
== See also ==
*[[European Fund and Asset Management Association]]
* [[Decision]]
*[[Fund manager]]
* [[Directive]]
*[[Institutional investor]]
* [[European Union ]]
*[[International Monetary Fund]]
* [[Secondary legislation]]
*[[Money market fund]]
*[[Mutual fund]]
*[[Pension fund]]
*[[Pension Protection Fund]]
*[[Portfolio]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]

Revision as of 15:02, 26 November 2014

1. Law.

Rule designed to carry out a specific piece of legislation. Usually enforced by a regulatory agency.


2. European Union law.

An act of European Union (EU) law having direct effect in all member states.

Regulations are passed either jointly by the EU Council and European Parliament, or by the EU Commission alone.


3.

More generally, a rule to control, direct or manage an activity, organisation or system. It may or may not have legal authority.


See also