fund

fund definition - business

fund

  1. Money available for a specific use or general purposes.
  2. See mutual fund.
  3. An accounting entity with self-balancing accounts for recording assets, liabilities, and fund balances.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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