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thank you, come again!
Froogle 1.1.1.7
Froogled By:
Elias Makere, FSA, MAAA
Last Froogled:

FUND

1. an amount of money that may be available (either for general uses; specific uses; or for dedication).

2. to pay an amount.
FUND IN COURT
an amount deposited in court because either: (a) parties are contesting title to it; or (b) money needs to be made available to pay a contingent liability.
GENERAL FUND
a fund that may be used to pay any debt/liability, yet is not dedicated to a specific purpose
SINKING FUND
in finance, a bond that obligates the issuer to repurchase a portion of the bonds each year until all of the bonds have been repurchased – rather than to redeem all of the bonds at the end of the term of the issue
see hedge fund; index fund; mutual fund
Congratulations! You're now Froogled Up™ on what "Fund" means!

Feel free to use it throughout your financial/insurance life.

Sincerely,



www.FroogleMe.com
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