A fund is a pool of money collected for a specific purpose, such as investment or charity. It can also refer to a financial resource that is used to support an organization, project, or cause.
Usage examples
The nonprofit organization successfully raised funds through a charity event.
The government allocated a significant amount of funds to improve the education system.
The business owner decided to invest a portion of their personal funds into expanding their company.
The community came together to create a crowdfunding campaign to fund the construction of a new community center.
The venture capitalist decided to fund the start-up idea after being impressed by the entrepreneur's pitch.
The foundation provided funds to help rehabilitate and care for injured wildlife in the area.
The government established a fund to offer financial assistance to small businesses affected by the pandemic.
The philanthropist donated a substantial amount of funds to build houses for underprivileged families.
The financial advisor suggested diversifying the investment portfolio by allocating a portion of funds into various stocks and bonds.
So we're asking for funding for schools to upgrade kitchen equipment and to help schools provide cafeteria workers with better training. (thelunchtray.com)
We have also just completed our seed round of funding of US$ 1.1 million, which has definitely been my biggest achievement to date. (entrepreneur.com)
Similarly, if someone has invested in mutual funds in last 2 - 3 years, he would have got very good returns and would expect to get similar returns in future. (wealthtrust.in)