- a supply of money or pecuniary resources, as for some purpose: a fund for his education; a retirement fund.
- supply; stock: a fund of knowledge; a fund of jewels.
- funds, money immediately available; pecuniary resources: to be momentarily without funds.
- an organization created to administer or manage a fund, as of money invested or contributed for some special purpose.
- to provide a fund to pay the interest or principal of (a debt).
- to convert (general outstanding debts) into a more or less permanent debt, represented by interest-bearing bonds.
- to allocate or provide funds for (a program, project, etc.).
Origin of fund
Examples from the Web for underfunded
Even at wealthy libraries, security in rare books and map collections is often underfunded.The Million-Dollar Map Thief
July 30, 2014
State and local pensions are underfunded by as much as $3 trillion.Powerbroker Richard Ravitch Thinks New York Might Be Doomed
April 26, 2014
Yeltsin won 53.8 to 40.3 percent, a victory ensured by ample resources over his underfunded communist challenger.Blame This Drunken Bear for Vladimir Putin
April 22, 2014
Their only obstacle is an underfunded, ragtag group of locals who want to preserve the environment.Koch Brothers Invade Tiny Iron County, Wisconsin
March 25, 2014
Underfunded, underfavored, and uncool is not where any politician wants to be.Ken Cuccinelli’s Incredibly Lackluster Campaign
October 7, 2013
- having or provided with insufficient funding
- a reserve of money, etc, set aside for a certain purpose
- a supply or store of something; stockit exhausted his fund of wisdom
- to furnish money to in the form of a fund
- to place or store up in a fund
- to convert (short-term floating debt) into long-term debt bearing fixed interest and represented by bonds
- to provide a fund for the redemption of principal or payment of interest of
- to accumulate a fund for the discharge of (a recurrent liability)to fund a pension plan
- to invest (money) in government securitiesSee also funds
Word Origin and History for underfunded
1660s, from French fond "a bottom, floor, ground" (12c.), also "a merchant's basic stock or capital," from Latin fundus "bottom, foundation, piece of land," from PIE root *bhudh- "bottom, base" (cf. Sanskrit budhnah, Greek pythmen "foundation, bottom," Old English botm "lowest part;" see bottom (n.)). Funds "money at one's disposal" is from 1728. Fund-raiser (also fundraiser) first attested 1957.
1776, from fund (n.). Related: Funded; funding.