I. fund 1 S3 W1 AC /fʌnd/ BrE AmE noun
[ Word Family: noun : ↑ fund , ↑ refund , ↑ funding ; verb : ↑ fund , ↑ refund ; adjective : funded]
[ Date: 1600-1700 ; Language: Latin ; Origin: fundus 'bottom, piece of land' ]
1 . [countable] an amount of money that is collected and kept for a particular purpose:
The fund was set up to try to save the cathedral.
pension/investment/memorial etc fund ⇨ ↑ funding , ↑ trust fund
2 . funds [plural] money that an organization needs or has:
A sale is being held to raise funds for the school.
government/public funds
claims that ministers had misused public funds
The park remains unfinished due to lack of funds.
The Museum is so short of funds (=has so little money) it may have to sell the painting.
3 . [singular] an organization that collects money, for example to help people who are ill, old etc ⇨ charity :
We give to the Children’s Fund every Christmas.
4 . a fund of something a large supply of something:
He had a fund of stories about his boyhood.
5 . in funds formal having enough money to do something
• • •
COLLOCATIONS
■ verbs
▪ set up/establish a fund
They have set up a fund to build a memorial to all those who died.
▪ manage/administer a fund
The fund is managed by an investment company.
▪ launch a fund (=start it)
They plan to launch an investment fund by raising $40m from investors.
■ ADJECTIVES/NOUN + fund
▪ a trust fund (=money that belongs to one person, but is controlled by another)
Proceeds from the sale of the house will go into a trust fund for the children.
▪ a pension fund (=for paying pensions)
the country’s largest private pension fund
▪ an investment fund (=for buying shares, property, etc in order to make a profit)
The building is currently owned by Argo Partnership, a Toronto-based investment fund.
▪ a campaign fund (=for helping a political party or person to get elected)
These social events help to raise campaign funds.
▪ a memorial fund (=for remembering the life of someone who has died)
The work is being paid for out of the memorial fund launched after Morris’s death.
▪ a benevolent/charitable fund (=for giving help to poor people)
He contributed the sum of £1,500 to the benevolent fund.
▪ an appeal fund (=money collected to help people who are in a very bad situation)
The appeal fund has now reached £65,000.
II. fund 2 S3 W3 AC BrE AmE verb [transitive]
[ Word Family: noun : ↑ fund , ↑ refund , ↑ funding ; verb : ↑ fund , ↑ refund ; adjective : funded]
to provide money for an activity, organization, event etc:
The project is jointly funded by several local companies.
government-funded research