- *fund characterized by the setting aside of *assets and * liabilities without a specific or dedicated purpose. The term is frequently used in the context of *public sector and *not-for-profit organizations. Contrast *sinking fund. 2. An investment *fund with holdings in a range of corporate sectors.
Auditor's dictionary. 2014.
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general fund — In fund accounting, the fund used to account for all financial resources, except those required to be accounted for in another fund. Often used as and referred to as the operating fund. American Banker Glossary … Financial and business terms
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Fund Accounting — is an accounting system often used by nonprofit organizations and by the public sector. OverviewBecause there is no personal profit motive for owners or members of nonprofit organizations and organizations in the public sector, such as… … Wikipedia
fund(s) — fund or funds To capitalize with a view to the production of interest. Also, to put into the form of bonds, stocks, or other securities, bearing regular interest, and to provide or appropriate a fund or permanent revenue for the payment thereof.… … Black's law dictionary
general — From Latin word genus. It relates to the whole kind, class, or order. Leuthold v. Brandjord, 100 Mont. 96, 47 P.2d 41, 45. Pertaining to or designating the genus or class, as distinguished from that which characterizes the species or individual;… … Black's law dictionary
general-purpose fund — ➔ fund1 * * * general purpose fund UK US noun [C] FINANCE ► an investment fund that invests in a range of shares, bonds, etc. rather than in just one type: » This is a general purpose fund that invests in listed equity, debt, real estate, and… … Financial and business terms
fund — 1 n 1: a sum of money or other resources whose principal or interest is set aside for a specific objective cli·ent security fund: a fund established by each state to compensate clients for losses suffered due to their attorneys misappropriation… … Law dictionary
fund, general — n. A fund that is not restricted to a specific purpose but can be used for general expenses. See also mutual fund, sinking fund The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
Fund.com — Inc. (OTCBB: FNDM.OB) is a publicly traded Internet company operating in the financial services, product development, licensing and publishing sectors, based in New York, NY. The company serves the needs of financial institutions, investors and… … Wikipedia
fund — /fund/, n. 1. a supply of money or pecuniary resources, as for some purpose: a fund for his education; a retirement fund. 2. supply; stock: a fund of knowledge; a fund of jewels. 3. funds, money immediately available; pecuniary resources: to be… … Universalium