A pool of assets forming an independent legal entity that are bought with the contributions to a pension plan for the exclusive purpose of financing pension plan benefits.

(finance) A group of investment funds that are aggregated together.

(finance) A fund that tracks a specific basket of underlying investments.

(finance) A fund established by an economic entity by setting aside revenue over a period of time to fund a future capital expense or repay a long-term debt.

(US) A sum of money created by the Justice Department from seizures of the proceeds of criminal activity

(law) Property held by a trustee in a trust established by a grantor for a beneficiary. / Loosely, a substantial inheritance of money.

An investment fund which does almost all of its investments through a master fund via a master-feeder relationship.

(derogatory) A hedge fund or private equity fund that invests in debt considered to be very weak or in imminent default. Investors profit by buying debt at a discounted price on a secondary market and then suing the debtor for a larger amount than the purchasing price.

(finance) A company that owns and operates a mutual fund.

plural of fund house