Funds Meaning: Definition, Examples, and Translations
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funds
[fสndz ]
Definitions
financial
Sum of money saved or made available for a particular purpose.
Synonyms
Examples of usage
- The organization raised enough funds for the new project.
- She donated some funds to the charity.
investment
Money that is invested or available for investment.
Synonyms
financial resources, investment capital.
Examples of usage
- He managed the company's funds wisely.
- She decided to put her funds into stocks.
Translations
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Interesting Facts
Economics
- In economics, funds are crucial for investment in businesses, facilitating expansion and innovation.
- Government funds are often allocated for social programs, infrastructure, and public services to benefit the community.
- The concept of 'crowdfunding' has gained popularity in recent years, allowing individuals to pool their resources for projects via online platforms.
Finance
- Common types of funds include mutual funds, which gather money from many investors to purchase a diversified portfolio of stocks or bonds.
- Hedge funds are less regulated and often seek higher returns through a variety of investment strategies, including riskier assets.
- Sovereign wealth funds are state-owned investment funds that manage national investments on behalf of a country's citizens.
Cultural Impact
- Fundraising events like charity auctions and fun runs have become popular ways to collect money for important causes and community support.
- In cinema and literature, themes of funding have highlighted struggles and triumphs, illustrating the importance of finance in pursuing dreams.
- The phrase 'money makes the world go round' reflects how essential funds are in everyday life and global interactions.
Technology
- Digital payment systems and mobile banking have revolutionized how people manage and transfer funds, making it easier than ever.
- Blockchain technology has introduced cryptocurrencies, which represent a new type of fund, aiming to provide decentralized financial services.
- Financial apps often help users budget and allocate their funds efficiently, thereby encouraging smarter spending habits.
Origin of 'funds'
Main points about word origin
- The word 'fund' originates from the Latin word 'fundus', meaning 'bottom' or 'ground', which later became associated with the idea of a base or foundation for finances.
- It entered the English language in the 15th century, initially referring to a reserve or supply of money.
- Over time, the term has evolved to encompass various contexts, such as investment funds, pension funds, or mutual funds.
The word 'funds' originated from Middle English 'fond', meaning 'bottom of a vessel, piece of land, or a sum of money'. It evolved to 'funds' in the 17th century, specifically referring to money set aside for a particular purpose. The concept of funds has been integral to financial systems throughout history, supporting projects, investments, and charitable causes.
See also: fund, funder, funding, fundraiser, fundraising, refund, underfund, underfunding, unfunded.