Fund


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Related to Fund: mutual fund, trust fund
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Fund

 

(1) Monetary or material resources that either finance certain activities (wages fund) or constitute the basic holdings or reserves of such institutions as libraries and museums.

(2) An organization or institution that gives material aid to artists, for example, the Literary Fund of the USSR.

(3) In capitalist countries, international or national grants or capital investments (usually set up by private individuals) to support educational institutions, carry out scientific projects, and promote and reward discoveries, inventions, and achievements in the arts and sciences.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
References in classic literature ?
Jessup, the treasurer of the Slater Fund, I refer to because I know of no man of wealth and large and complication business responsibilities who gives not only money but his time and thought to the subject of the proper method of elevating the Negro to the extent that is true of Mr.
When we were in the midst of great anxiety as to where and how we were to get funds for the new building, I received a telegram from General Armstrong asking me if I could spend a month travelling with him through the North, and asking me, if I could do so, to come to Hampton at once.
As to persons of quality, they give security to appropriate a certain sum for each child, suitable to their condition; and these funds are always managed with good husbandry and the most exact justice.
But you know none are so formal as bankers in transacting business; I intended this money for the charity fund, and I seemed to be robbing them if I did not pay them with these precise bonds.
On both occasions Fred had felt confident that he should meet the bill himself, having ample funds at disposal in his own hopefulness.
His marriage would supply him with the funds needed for repaying the money, and the profits of his business would provide, in course of time, for restoring the dowry of his wife.
"Yes, sire, and even as a beginning, I bring your majesty a note of funds which M.
Part of his money is supposed to be in the Funds, and part laid out in railway investments, which have survived the panic of eighteen hundred and forty-six, and are rapidly rising in value.
Hearing this, and having exhausted his funds, Sharon had returned to London.
Such was the question proposed to the Observatory of Cambridge, There was no lack of funds; the difficulty was purely one of construction.
That the twenty thousand pounds (from which the income was supposed to be derived) had every farthing of it been sold out of the Funds, at different periods, ending with the end of the year eighteen hundred and forty-seven.
And I say that the escape of Boney from Elba was a damned imposition and plot, sir, in which half the powers of Europe were concerned, to bring the funds down, and to ruin this country.