Fund vs Subfund - What's the difference?
fund | subfund |
A sum or source of money.
An organization managing such money.
A money-management operation, such as a mutual fund.
A large supply of something to be drawn upon.
* Macaulay
As nouns the difference between fund and subfund
is that fund is a sum or source of money while subfund is subfund is a part of full fund that is available for investing.As a verb fund
is to pay for.fund
English
(wikipedia fund)Noun
(en noun)- the fund of a bank, commercial house, manufacturing corporation, etc.
- a fund for the maintenance of underprivileged students
- Several major funds were declared insolvent recently.
- He drew on his immense fund of knowledge.
- an inexhaustible fund of stories
