Superfund meaning

supərfund
The Superfund is defined as a U.S. government fund for the cleanup of toxic waste sites.

An example of the Superfund is a program set up by the government, The Comprehensive Environmental Response, Compensation, and Liability Act, to identify toxic waste sites and fund the cleanup of the sites by collecting fees and fines from companies responsible for creating toxic waste sites.

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A U.S. government fund created for the cleanup or eradication of sites at which toxic waste, hazardous to the environment, has been dumped.
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(UK, finance) A investment vehicle for superannuation assets.
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(finance) An investment fund that invests in other investment funds; a fund of funds.
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(US) Common name for US: Comprehensive Environmental Response, Compensation, and Liability Act.
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Origin of superfund

A blend of superannuation (“retirement") and fund