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Fund

Noun, Verb
UK /fĘŚnd/
US /fĘŚnd/

Definition

(n) : a supply of money kept for a purpose.
(v) : to provide money for something.

Example

"(n) : The school created a new student fund."

"(n) : They raised a fund to help families who lost their homes after the flood."

"(v) : The government should plan to fund several new educational programs to promote healthy education."

Explanation

A fund is a sum of money collected or saved for a special purpose. For example, a school fund helps buy books or a relief fund helps people in need. As a verb, it means to give money to support something. For example: the company funded the new project. Funds are used in business, charity, and personal life: anywhere money is gathered for a goal. Managing or donating to a fund helps achieve specific plans or causes.