Monetary Fund (Noun)
Meaning
A reserve of money set aside for some purpose.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company established a monetary fund to compensate employees in case of unforeseen circumstances such as job loss or disability.
- A monetary fund was allocated for the construction of a new community center, but the project was put on hold due to funding disputes.
- She set up a personal monetary fund to save for her dream wedding, and was meticulous about depositing a portion of her paycheck each month.
- The non-profit organization created a monetary fund to provide disaster relief to affected families who lost their homes in the hurricane.
- The university established a monetary fund to provide scholarships to students from underrepresented communities, aiming to promote diversity and inclusion on campus.