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- In business, a fund is a pool of money that is allocated for a specific purpose123. It can be established for many different purposes, such as building a new civic center, awarding a scholarship, or paying customers’ claims1. Funds refer to the financial resources that a business, organization, or project has available4. A fund is often professionally managed with the goal of growing its value over time2. The money earned in the form of returns is distributed among investors in proportion to the number of units they own3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A fund is a pool of money that is allocated for a specific purpose. A fund can be established for many different purposes: a city government setting aside money to build a new civic center, a college setting aside money to award a scholarship, or an insurance company that sets aside money to pay its customers’ claims.www.investopedia.com/terms/f/fund.aspA fund is cash saved or collected for a specified purpose, often professionally managed with the goal of growing the value of the fund over time.www.nerdwallet.com/article/investing/fundA fund is a collection of different people's money, collected & managed by high market professionals. They accumulated and invested the money in various stocks, bonds, and other securities to provide better returns. The money earned in the form of returns is distributed among investors in proportion to the number of units they own.economictimes.indiatimes.com/definition/fundfunds [ plural ] the financial resources that a business, organization, or project has available: raise/provide/generate funds A new shares issue was launched to raise funds for the acquisition.dictionary.cambridge.org/us/dictionary/english/fund
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