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fund

B1
verbnoun

Pronunciation

UK

  • /fˈʌnd/

US

  • /ˈfənd/

Description

A "fund" is usually money that has been set aside for a particular purpose. A school might have a scholarship fund, a family might keep an emergency fund, and a company might create a fund for a new project. The idea is simple: the money is there to be used when needed for that purpose.

"Fund" is also often used as a verb. A government may fund public transport, a charity may fund medical research, or investors may fund a new business. In a broader and less common sense, it can also mean a supply of something useful, as in a "fund of knowledge," meaning a large store of knowledge.

Examples

  1. 1

    Emergency savings

    She puts part of every paycheck into an emergency fund.

  2. 2

    Disaster relief

    The city created a fund for families who lost their homes in the fire.

  3. 3

    School fundraising

    Our class is trying to raise funds for the school trip.

    • Phrase

      raise funds

      collect money for something

  4. 4

    Retirement investing

    He keeps most of his retirement savings in an index fund.

    • Meaning

      an index fund

      a type of investment fund

  5. 5

    Budget limits

    We don't have enough funds to replace all the computers this year.

  6. 6

    Grant support

    The museum received a grant to fund the repair work.

  7. 7

    Charity support

    The project was funded by two local charities.

    • Pattern

      be funded by + person/organization

      get money from them

  8. 8

    Business expansion

    If sales improve next year, we can fund the expansion ourselves.

Forms and spellings

4 forms open this card.

Main spelling

  • fundnounverb

Forms

  • fundspluralnounverb
  • funding-ing formverbnoun
  • fundedpast tenseverbnoun