Word Finder - fund

definition

A sum or source of money.

example

a fund for the maintenance of underprivileged students

definition

An organization managing such money.

definition

A money-management operation, such as a mutual fund.

example

Several major funds were declared insolvent recently.

definition

A large supply of something to be drawn upon.

example

He drew on his immense fund of knowledge.

definition

To pay for.

example

He used his inheritance to fund his gambling addiction.

definition

To place (money) in a fund.

definition

To form a debt into a stock charged with interest.

I certainly couldn't fund the whole group.

There was no college fund, either.

The Council will fund everything.

I hope that good people will continue to work for Tommy until his fund is completed, and education has brought light and music into his little life.

It became clear that neither the influence of the regular clergy, of which the Society of Jesus is the most powerful embodiment, nor that of foreign clerical parties, which largely control the Peters Pence fund, would ever permit renunciation of the papal claim to temporal power.

All fines collected under the penal laws, all escheats and 2% of the receipts of toll roads and bridges go into the school fund, which is invested in state and Federal securities and the interest apportioned among the counties according to their school population.

Sure, Dean thought, I'll put it on the list, right after food, clothing and shelter, all of which were tough enough to fund given Bird Song's present budget.

Alex had already set aside a trust fund for both Jonathan and Destiny, and Carmen was listed as an equal partner in everything.

In 1869 the Old and New Schools in the North combined on the basis of the common standards; to commemorate the union a memorial fund was raised which amounted in 1871 to $7,607,492.

Turned to this new use, the fund grew fast, and Tommy was provided for.

Their greatest social obligation had been the local church fund raiser.

I'd like to eliminate your handicap of life's tribulations and fund you.

The commutation fund thus formed is a permanent memorial of a generous and disinterested act on the part of her ministry.

The annual expenses of the board include £35,000 for cable repairs and reserve and a fixed payment to the National Debt Commissioners of £77,544 as sinking fund to amortise capital expenditure in fifty years.

World-renowned as the headquarters of the World Wildlife Fund's project to save the Giant Panda, Wolong has much to offer the birder.

The chief sources of the general revenue fund are taxes on real and personal property, on liquors and cigarettes, on corporations and on inheritances; in 1909 the net receipts for this fund were $8,043,257, the disbursements $9,103,301, and the cash balance at the end of the fiscal year $3,428,705.

A special tax is levied for the benefit of the sinking fund - one-tenth of a mill in 1909.

The commissioners of 'the fund are the auditor, the secretary of state and the attorney-general.

About one-half of the annual common school fund is derived from local taxes; the state levy for this fund in 1909 was one mill, and the total receipts were $2,382,353.

The university fund is derived from special taxes levied for the four institutions which receive aid from the state; in 1909 the levy was 0.245 mills and the total receipts were $582,843.

Benjamin Franklin, who was born and spent his boyhood in Boston, left boo() to the city in his will; it amounted in 1905 to $403,000, and constituted a fund to be used for the good of the labouring class of the city.

The members took no vows and were free to leave when they chose; but so long as they remained they were bound to observe chastity, to practise personal poverty, putting all their money and earnings into the common fund, to obey the rules of the house and the commands of the rector, and to exercise themselves in self-denial, humility and piety.

The clerics preached and instructed the people, working chiefly among the poor; they also devoted themselves to the copying of manuscripts, in order thereby to earn something for the common fund; and some of them taught in the schools.

Most of these were held by the Educational Fund at the time of their maturity.

The first part of this claim was refunded by a new bond issue, also taken by the Educational Fund, the second was paid from an Indian war claim of $692,946, received from the United States government in 1902, when $132,000 bonds of 1857, held by the United States government, were also extinguished.

As early as 1831 an unsuccessful attempt was made to form an adequate public school fund; the first real effort to establish a common school system for the territory was made after 1835; in 1840 there were altogether 18 academies and 51 common schools, and in 1849 the state legislature made an appropriation in the interest of the public instruction of white pupils, and this was supplemented by the proceeds of land granted by the United States government for the same purpose.

Other significant episodes have been the Unification of the Funds, the Equalization of Districts and the reconstruction of Conference on a broader basis, the Ministers' Sustentation Fund and the Church Extension Fund, and the enlargement and reorganization of the college at Manchester.

In celebration of the centenary of the Church, a fund of £250,000 was launched in 1 9 07, and this was brought to a successful issue.

With tolls, and the tribute of the Delian League, a fund of 9700 talents (2,30o,000) was amassed in the treasury.

The island now has free trade with the United States, and receives into its general revenue fund all customs duties and internal taxes collected in the island.

In addition to the common treasury, supported by the general taxes and charged with the ordinary expenditure, there was a special reserve fund, also in the temple of Saturn, the aerarium sanctum (or sanctius), probably originally consisting _of the spoils of war, afterwards maintained chiefly by a 5% tax on the value of all manumitted slaves, this source of revenue being established by a lex Manlia in 357.

Megalithic town walls were naturally common in that stony land, Palestine, and very typical specimens of them were found in the Palestine Exploration Fund's excavations at Bethshemesh (`Ain Shems) directed by Dr. Duncan Mackenzie, 29 whose work also threw new light on the phenomenon of the appearance in Palestine between the 12th and 10th centuries B.C. of subMycenaean (Greek) pottery, which can only be ascribed to the Philistines, whose historical position as a foreign invading force from the Aegean area (Lycia and Crete-Kaphtor) is now entirely vindicated.

The great excavation of the Osireion at Abydos, begun for the Society (then the Egypt Exploration Fund) by Prof. Edouard Naville, 4 ' but suspended owing to the war, it has not been possible to resume at present, owing to the commitments of the Amarna site and the heavy expense of such work as that at the Osireion, which cannot vet be contemplated.

There is evidence to show that the arrangement for this " publishing of Truth" rested mainly with Fox, and that the expenses of it and of the foreign missions were borne out of a common fund.

Margaret Fell (1614-1702), wife of Thomas Fell (1598-1658), vice-chancellor of the duchy of Lancaster, and afterwards of George Fox, opened her house, Swarthmore Hall near Ulverston, to these preachers and probably contributed largely to this fund.

Four-fifths of the net product of the revenues, after deduction of the first charge of £T590,000, was to be applied.to the service of the interest on the new reduced debt, and provided that the four-fifths were sufficient to allow the distribution of 1% interest, one-fifth was to be devoted to sinking fund; but this latter fifth was to be reduced, if necessary, by an amount sufficient to maintain the rate of interest at i %.

The interest on bonds amortized was to be added to the funds available for sinking fund.

Any surplus of revenue beyond that necessary to provide 4% interest and I% sinking fund was to be handed over to the government.

The lottery bonds receive a special treatment both in regard to interest and sinking fund; full information as to the intricate arrangements made for these bonds will be found in the decree of Muharrem and the published reports of the council of administration of the Ottoman public debt.

In this manner an annuity of £T159,500 was set free, of which £Ti i,000 per annum was allotted as " extraordinary sinking fund " to series A and £T49,500 per annum each to series B, C and D; the lottery bonds were originally excluded from this arrangement, and special compensation was granted to these later.

Thus, in the financial year1900-1901the total amount of the fund had risen from £T159,500 to £T231,500.

Series B, C and D (series A having already been completely redeemed by the action of the sinking fund) were replaced by the creation of new 4% bonds to a nominal amount of £T32,738,772, with a sinking fund of 0.45% per annum, bearing identical rights and privileges, and ranking immediately after, the priority bonds.

Interest on amortized bonds goes to swell the sinking fund.

The above 25% is to be employed as additional sinking fund for the unified debt and lottery bonds, in the proportion of 60% and 40% respectively.

The reserve fund was created primarily to make good any deficiency in the revenues below the amount required to pay the interest due.

If such drafts upon the reserve fund become necessary, they are to be made good in the following years out of the surplus above mentioned.

The reserve fund is increased by the interest it may earn, but when the capital amount of the fund reaches £T2,000,000 the interest earned is merged in the general receipts of the public debt administration.

As soon as the unified debt is reduced to £T16,000,000 the reserve fund is to be reduced to £Ti 3 000,000, the surplus over this last amount being paid to the government.

Out of the payment five-sixths are given to the sellers, and onesixth devoted to the Greenlanders' public fund, spent in " public works," in charity, and on other unforeseen contingencies.

The Drapers' Company has given £15,50o towards building a library, in addition to previous donations to the engineering department and the scholarship fund of the college.