Entity: FUNDS
Funds refer to a sum of money set aside for a specific purpose or general use. It can be savings, investments, or donations collected for a particular goal.
FUNDS
Etymology
The term 'funds' originates from the Latin word 'fundus' meaning 'bottom, piece of land, estate'.
Definition
Funds encompass money allocated for a designated objective or available for spending.
Historical Context
Throughout history, funds have played a crucial role in financing various endeavors, from supporting charitable causes to fueling economic growth.
Cultural Significance
Funds symbolize financial resources that enable individuals, organizations, and governments to achieve their goals and aspirations.
Related Concepts
Funds are closely related to concepts such as savings, investments, grants, and endowments.
See Also
- Money
- Investment
- Philanthropy
Funds encompass money allocated for a designated objective or available for spending.