Sinking fund, the aggregate of sums of money set apart and invested, usually at fixed intervals, for the extinguishment of the debt of a government, or of a corporation, by the accumulation of interest.

Fund
(Fund), v. t. [imp. & p. p. Funded; p. pr. & vb. n. Funding.]

1. To provide and appropriate a fund or permanent revenue for the payment of the interest of; to make permanent provision of resources (as by a pledge of revenue from customs) for discharging the interest of or principal of; as, to fund government notes.

2. To place in a fund, as money.

3. To put into the form of bonds or stocks bearing regular interest; as, to fund the floating debt.

Fundable
(Fund"a*ble) a. Capable of being funded, or converted into a fund; convertible into bonds.

Fundament
(Fun"da*ment) n. [OE. fundament, fundement, fondement, OF. fundement, fondement, F. fondement, fr. L. fundamentum foundation, fr. fundare to lay the bottom, to found, fr. fundus bottom. See Fund.]

1. Foundation. [Obs.] Chaucer.

2. The part of the body on which one sits; the buttocks; specifically (Anat.), the anus. Hume.

Fundamental
(Fun`da*men"tal) a. [Cf. F. fondamental.] Pertaining to the foundation or basis; serving for the foundation. Hence: Essential, as an element, principle, or law; important; original; elementary; as, a fundamental truth; a fundamental axiom.

The fundamental reasons of this war.
Shak.

Some fundamental antithesis in nature.
Whewell.

Fundamental bass(Mus.), the root note of a chord; a bass formed of the roots or fundamental tones of the chords.Fundamental chord(Mus.), a chord, the lowest tone of which is its root.Fundamental colors, red, green, and violet-blue. See Primary colors, under Color.

Fundamental
(Fun"da*men`tal), n. A leading or primary principle, rule, law, or article, which serves as the groundwork of a system; essential part, as, the fundamentals of the Christian faith.

1. An aggregation or deposit of resources from which supplies are or may be drawn for carrying on any work, or for maintaining existence.

2. A stock or capital; a sum of money appropriated as the foundation of some commercial or other operation undertaken with a view to profit; that reserve by means of which expenses and credit are supported; as, the fund of a bank, commercial house, manufacturing corporation, etc.

3. pl. The stock of a national debt; public securities; evidences (stocks or bonds) of money lent to government, for which interest is paid at prescribed intervals; — called also public funds.

4. An invested sum, whose income is devoted to a specific object; as, the fund of an ecclesiastical society; a fund for the maintenance of lectures or poor students; also, money systematically collected to meet the expenses of some permanent object.

5. A store laid up, from which one may draw at pleasure; a supply; a full provision of resources; as, a fund of wisdom or good sense.

An inexhaustible fund of stories.
Macaulay.


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