Business / Agriculture / Reclamation Fund: A special fund established by Congress under the Reclamation Act of 1902, as amended, for receipts from the sale of public lands and timber, proceeds from the Mineral Leasing Act, and certain other revenues. Congress appropriates money from this fund for the investigation, construction, operation, and administration of Bureau of Reclamation projects. Collections from water users for payments made on the reimbursable costs of the federal projects are also returned to the fund.
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Fund Noun Synonyms: finance, back, capitalize, stake, support, pay for, endow, grant, subsidize
Fund Adjective Synonyms: supply, stock, reserve, store, pool, cache, reservoir, repository, mine
Business / Finance / Private Export Funding Corporation (PEFCO): Company that mobilizes private capital for financing the export of big-ticket items by U.S. firms by purchasing at fixed interest rates the medium- to long-term debt obligations of importers of U.S. p MORE
Business / Finance / Prime Rate Fund: A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders. MORE