(verb) - To capitalize with a view to the production of interest Stephen v. Mil nor, 24 N. J. Eq. 376. Also, to put into the form of bonds, stocks, or other securities, bearing regular interest, and to provide or appropriate a fund or permanent revenue for the payment thereof. Merrill v. Monticello (C. C.) 22 Fed. 596. Funded debt. To fund a debt is to pledge a specific fund to … [Read more...]
FUND
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