Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “life fund”

life fund

noun [C]     INSURANCE
an amount of money that is paid to and invested by insurance companies for life insurance , and from which money is paid when someone dies : It will use part of the life fund to distribute an average £500 of shares to policy holders .
(Definition of life fund noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of life fund

Word of the Day

scramble

to mix eggs with a little milk and mix again as they are being fried

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More