The general fund is a term used to describe a pool of money that is set aside for use in various areas within an organization or government. It refers to funds that are not designated for any specific purpose and can be used to cover expenses, investments, or other financial needs as they arise. The general fund may also include revenue from taxes, fees, or other sources of income that are not earmarked for a particular program or project. In essence, it is a flexible account that provides the organization with the ability to respond to changing circumstances and priorities over time.