Fund
n.- An aggregation or deposit of resources from which supplies are or may be drawn for carrying on any work, or for maintaining existence.
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A stock or capital; a sum of money appropriated as the foundation of some commercial or other operation undertaken with a view to profit; that reserve by means of which expenses and credit are supported;
as, the fund of a bank, commercial house, manufacturing corporation, etc. -
An invested sum, whose income is devoted to a specific object;
as, the ; also, money systematically collected to meet the expenses of some permanent object.fund of an ecclesiastical society; afund for the maintenance of lectures or poor students -
A store laid up, from which one may draw at pleasure; a supply; a full provision of resources;
as, a .fund of wisdom or good sense
Sinking fund ,
the aggregate of sums of money set apart and invested, usually at fixed intervals, for the extinguishment of the debt of a government, or of a corporation, by the accumulation of interest.
v. t.
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To provide and appropriate a fund or permanent revenue for the payment of the interest of; to make permanent provision of resources (as by a pledge of revenue from customs) for discharging the interest of or principal of;
as, to .fund government notes - To place in a fund, as money.
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To put into the form of bonds or stocks bearing regular interest;
as, to .fund the floating debt