FUNDER

A grant, investment, or loan pays for part or all of a project’s cost, given by this entity.

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FUNDUS

In the civil and old English law. Land; land or ground generally; land.without considering its specific use; land, including buildings generally; a farm.

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FUNERAL EXPENSES

Money expended in procuring the interment of a corpse.

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FUNDING AGREEMENT

Arrangement to handle money needs. Any forms and methods apply. Typically, a time-bound payment guarantee of loan plus interest.

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FUNGI

Simple, aerobic organisms. Neither bacteria nor plant. Most are poisonous to humans. Thrive in low moisture, low pH environments. Genetic material is bound in a membrane. Have no roots or leaves; contain no chlorophyll; feed off dead organic matter. Approximately 70,000 species exist. Principal commercial use is in food manufacture, in alcoholic beverages, and as antibiotics, like penicillin. Examples are mildew, mold, mushrooms, smuts, toadstools, and yeast. Plural of fungus.

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FUNDING COST

Total expense to obtain needed equity monies. Contrast to financing cost, the price of obtaining debt capital.

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FUNGIBILES RES

Lat. In the civil law. Fungible things. See that title.

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FUND OF FUNDS

The units of other mutual funds comprise the investment of this mutual fund’s resources. Known also as umbrella fund.

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