- accumulated fund
- = capital fundA fund held by a non-profit making organization (such as a club or society) to which a surplus of income over expenditure is credited and to which any deficit is debited. The value of the accumulated funds can be calculated at any time by valuing the net assets (i.e. assets less liabilities) of the organization. The accumulated fund is the equivalent of the capital of a profit-making organization.
Accounting dictionary. 2014.
Look at other dictionaries:
accumulated fund — ➔ fund1 * * * accumulated fund UK US noun [C] FINANCE ► an amount of money collected over a period of time, usually for a particular purpose or for paying expenses when they are greater than income: »The problem for government is that no… … Financial and business terms
Accumulated Fund — The capital fund of a nonprofit organization. Money is directed into the accumulated fund when revenues are greater than expenditures; money is directed away from the accumulated fund (withdrawn) when expenditures are greater than revenues.… … Investment dictionary
fund — A fiscal and accounting entity with a self balancing set of accounts in which cash and other financial resources, all related liabilities and residual equities, or balances, and charges therein, are recorded and segregated to carry on specific… … Financial and business terms
fund — 1 n 1: a sum of money or other resources whose principal or interest is set aside for a specific objective cli·ent security fund: a fund established by each state to compensate clients for losses suffered due to their attorneys misappropriation… … Law dictionary
Accumulated other comprehensive income — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
capital fund — See: accumulated fund … Accounting dictionary
sinking fund — a fund to extinguish an indebtedness, usually a bond issue. [1715 25] * * * Fund set aside by a corporation or government agency for the purpose of periodically redeeming bonds, debentures, and preferred stocks. The fund is accumulated from… … Universalium
sinking fund — Assets and their earnings earmarked for the retirement of bonds or other long term obligations. An obligation sometimes imposed pursuant to the issuance of debt securities or preferred shares by which the issuer is required each year to set aside … Black's law dictionary
Social Security Trust Fund — The Social Security Trust Fund is the means by which the federal government of the United States accounts for excess paid in contributions from workers and employers to the Social Security system that are not required to fund current benefit… … Wikipedia
Sovereign wealth fund — A sovereign wealth fund (SWF) is a state owned investment fund composed of financial assets such as stocks, bonds, property, precious metals or other financial instruments. Sovereign wealth funds have gained world wide exposure by investing in… … Wikipedia