ENGLISH
REFERENCE

funds

n.
US //ˈfəndz// UK //fˈʌndz// funds
  1. 1 available money (n.)
    B2 Upper Intermediate

    money that you have available to spend on something.

    financial resources or capital available for a particular purpose. Often used in the plural to refer to a total amount of money.

    Example

    The charity is trying to raise funds to build a new hospital.

    Example

    The project was unfortunately cancelled when the board of directors decided to withdraw the necessary funds at the last minute.

  2. 2 government debt (n.)
    C1 Advanced Formal Technical Law

    money that a government owes and pays interest on.

    permanent debts due by a government on which interest is paid. Usually refers to government bonds or securities.

    Example

    He invested his savings in government funds for a steady return.

    Example

    The stability of the national funds remained a primary concern for international investors during the period of economic restructuring.

    Usage

    Usually preceded by 'the'.

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