Overfunding



[fuhnd] /fʌnd/

noun
1.
a supply of money or pecuniary resources, as for some purpose:
a fund for his education; a retirement fund.
2.
supply; stock:
a fund of knowledge; a fund of jewels.
3.
funds, money immediately available; pecuniary resources:
to be momentarily without funds.
4.
an organization created to administer or manage a fund, as of money invested or contributed for some special purpose.
verb (used with object)
5.
to provide a fund to pay the interest or principal of (a debt).
6.
to convert (general outstanding debts) into a more or less permanent debt, represented by interest-bearing bonds.
7.
to allocate or provide funds for (a program, project, etc.).
/ˈəʊvəˌfʌndɪŋ/
noun
1.
(in Britain) a government policy in which it sells more of its securities than would be required to finance public spending, with the object of absorbing surplus funds to curb inflation
/fʌnd/
noun
1.
a reserve of money, etc, set aside for a certain purpose
2.
a supply or store of something; stock: it exhausted his fund of wisdom
verb (transitive)
3.
to furnish money to in the form of a fund
4.
to place or store up in a fund
5.
to convert (short-term floating debt) into long-term debt bearing fixed interest and represented by bonds
6.
to provide a fund for the redemption of principal or payment of interest of
7.
to accumulate a fund for the discharge of (a recurrent liability): to fund a pension plan
8.
to invest (money) in government securities See also funds
n.

1660s, from French fond “a bottom, floor, ground” (12c.), also “a merchant’s basic stock or capital,” from Latin fundus “bottom, foundation, piece of land,” from PIE root *bhudh- “bottom, base” (cf. Sanskrit budhnah, Greek pythmen “foundation, bottom,” Old English botm “lowest part;” see bottom (n.)). Funds “money at one’s disposal” is from 1728. Fund-raiser (also fundraiser) first attested 1957.
v.

1776, from fund (n.). Related: Funded; funding.

Related Terms

slush fund

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