fund


Babylon EnglishDownload this dictionary
fund
n. amount of money set aside for a specific purpose; supply
 
v. finance, supply with money; allocate or set aside financial sums; extend a short-term obligation

English Wikipedia - The Free EncyclopediaDownload this dictionary
Fund
Fund may refer to:

See more at Wikipedia.org...

 
International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage
The International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage, 1992, often referred to as FUND92 or FUND, is an international maritime treaty. The original FUND convention in 1969 was drawn up as an enhancement to CLC meant on one hand to relieve shipowners from unfair liabilities due to unforeseeable circumstances and on the other hand remove liability caps that some member states thought were too low. The fund is obliged to pay victims of pollution when damages exceed the shipowner's liability, when there is no liable shipowner, or when the shipowner is unable to pay its liability. The fund is also required to "indemnify the shipowner or his insurer" in spills where a ship is in full compliance with international conventions, and no wilful misconduct caused the spill.

See more at Wikipedia.org...


© This article uses material from Wikipedia® and is licensed under the GNU Free Documentation License and under the Creative Commons Attribution-ShareAlike License
WordNet 2.0Download this dictionary
fund

Noun
1. a reserve of money set aside for some purpose
(synonym) monetary fund
(hypernym) money
(hyponym) revolving fund
2. a supply of something available for future use; "he brought back a large store of Cuban cigars"
(synonym) store, stock
(hypernym) accumulation
(hyponym) infrastructure, base
3. a financial institution that sells shares to individuals and invests in securities issued by other companies
(synonym) investment company, investment trust, investment firm
(hypernym) nondepository financial institution
(hyponym) hedge fund, hedgefund

Verb
1. convert (short-term floating debt) into long-term debt that bears fixed interest and is represented by bonds
(hypernym) finance
2. place or store up in a fund for accumulation
(hypernym) roll up, collect, accumulate, pile up, amass, compile, hoard
(derivation) monetary fund
3. provide a fund for the redemption of principal or payment of interest
(hypernym) supply, provide, render, furnish
(derivation) investment company, investment trust, investment firm
4. invest money in government securities
(hypernym) invest, put, commit, place
(derivation) investment company, investment trust, investment firm
5. accumulate a fund for the discharge of a recurrent liability; "fund a medical care plan"
(hypernym) roll up, collect, accumulate, pile up, amass, compile, hoard
6. furnish money for; "The government funds basic research in many areas"
(hypernym) support
(hyponym) grubstake
(entail) finance
(derivation) monetary fund


Babylon German-EnglishDownload this dictionary
Fund (der)
nm. finding, discovery, something found

Babylon Dutch-EnglishDownload this dictionary
fund
n. fund, amount of money set aside for a specific purpose; supply