Fund

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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.

References in classic literature ?
We were in great distress because of lack of funds, and the nervous strain was tremendous.
The effort to secure help from the Slater and Peabody Funds brought me into contact with two rare men--men who have had much to do in shaping the policy for the education of the Negro.
The last time I saw him, which was a few months before he died, he gave me fifty thousand dollars toward our endowment fund. Between these two gifts there were others of generous proportions which came every year from both Mr.
Slater Fund. Our work seemed to please the trustees of this fund, as they soon began increasing their annual grant.
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.
ISLAMABAD -- The Security and Exchange Commission of Pakistan (SECP) has released performance report of private pension funds which were introduced in 2007 under the Voluntary Pension System Rules, 2005.
ISLAMABAD -- The Security and Exchange Commission of Pakistan (SECP) on Thursday released performance report of private pension funds which were introduced in 2007 under the Voluntary Pension System Rules, 2005.
A full understanding of the rules applicable to WBP funds requires focusing on Employee Retirement Income Security Act of 1974 (ERISA), as well as tax, requirements.
"BPG's investment strategy for Fund VII will mirror the strategy we employed for our six prior funds," said Arthur P.
However, there is plenty of money (both foreign and domestic) for mid-cap and smaller deep value stocks, i.e., there is more domestic institutional money supporting the new "relationship" and "restructuring" funds than is generally believed, and there is likely to be a lot more in the foreseeable future.
A recent survey by Financial Executives International and Duke University indicates that retirement funds may not be so safe as 47 percent of the CFOs surveyed indicated that the 401(k) plan at their company includes funds that have been tainted by the recent mutual fund scandal.
* SINCE THE FIRST MAJOR MARKET-TIMING and late-trading scandal broke, a barrage of federal and state enforcement actions against funds has followed.