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What does funds mean?
funds, money immediately available; pecuniary resources: to be momentarily without funds. an organization created to administer or manage a fund, as of money invested or contributed for some special purpose. to provide a fund to pay the interest or principal of (a debt).What is a common fund?
A fund is a pool of money that’s saved or invested for a specific purpose. Common funds an individual may use or be familiar with include emergency funds, retirement funds, a trust fund, and an education fund. In the investment world, common funds include mutual funds, exchange-traded funds (ETFs), hedge funds, and private equity funds.What is a Monetary Fund?
1. a supply of money or monetary resources, as for some purpose. 2. supply; stock: a fund of knowledge. 3. funds, money immediately available; pecuniary resources. 4. an organization created to manage the resources of a monetary fund. 5. to allocate or provide funds for (a program, project, etc.).What is a pool of money in a fund?
The pool of money in a fund is often invested and professionally managed in order to generate returns for its investors. Some common types of funds include pension funds, insurance funds, foundations, and endowments. Funds are also used by individuals and families for personal financial matters, such as emergency funds and college funds.