general-purpose fund Meaning in the Cambridge English Dictionary

Meaning of “general-purpose fund” in the English Dictionary

"general-purpose fund" in Business English

See all translations

general-purpose fundnoun [C]

uk   us   FINANCE
an investmentfund that ​invests in a ​range of ​shares, ​bonds, etc. rather than in just one ​type: This is a ​general-purposefund that ​invests in ​listedequity, ​debt, ​realestate, and ​privateequity.
an ​amount of ​moneysaved or ​collected for different things, rather than one particular thing: The ​money will be put towards the college's ​general-purposefund.
(Definition of general-purpose fund from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of general-purpose fund?
Add Cambridge dictionaries to your browser to your website

“general-purpose fund” in Business English

Word of the Day


to get knowledge or skill in a new subject or activity

Word of the Day

Tree huggers and climate change deniers
Tree huggers and climate change deniers
by Colin McIntosh,
October 08, 2015
The climate debate is one that has predictably generated a large amount of new vocabulary, some of it originally specialized scientific terminology that has been taken up by the media and is now common currency. Some of these terms are new additions to the Cambridge English Dictionary. The two opposing sides in

Read More 

face training noun
face training noun
October 05, 2015
a system of facial exercises designed to tone the facial muscles and improve the skin

Read More