Funds — Meaning, Definition & Synonyms

Meaning & Definition of Funds

Funds (noun)

1. a sum of money or other resources whose principal or interest is set apart for a specific objective
2. money on deposit on which checks or drafts can be drawn —usually used in plural
3. capital
4. transfer of money from one bank to another using their computer systems
5. an investing group usually in the form of a limited partnership that employs speculative techniques in the hope of obtaining large capital gains
6. an open-end investment company that invests money of its shareholders in a usually diversified group of securities of other corporations
7. an investment group that pools the money of investors to invest in or acquire private companies —called also private equity firm
8. a pool of money raised by an investment group for investing in or acquiring private companies
9. a fund of money set aside especially by a government to be used during a time of revenue shortfalls or budget deficits
10. a fund set up for specified purposes with the proviso that repayments to the fund may be used again for these purposes
11. a fund set up and accumulated by usually regular deposits for paying off the principal of a debt when it falls due

Funds (verb)

1. to make provision of resources for discharging the interest or principal of
2. to provide funds for
3. to place in a fund, accumulate

Funds (plural noun)

1. reserve funds lent overnight by one Federal Reserve bank to another