the.com/funds
money that's been given a job title instead of just existing.
means a pool of capital set aside or pooled together for a specific purpose, from someone's rent money to a nation's pension system.
from from latin fundus, meaning bottom or foundation — the same root as fundamental, because funds were literally the ground you built financial promises on.
mutual originfirst pooled fund launched in 1774 amsterdam
etymology cousinfundus also means farm or estate
index fundsnow hold trillions, often beat active managers