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What is money that is given to political parties to support their candidates?

"Hard money" is money that is given to political parties in support of candidates.


What is it called when people bring money together to fund a company or a project?

When people come together to pool their money to fund a company or a project, it is called crowdfunding. This method typically involves raising small amounts of money from a large number of individuals, often through online platforms. Crowdfunding can be used for various purposes, including startups, creative projects, and charitable causes.


What was the first money market mutual fund?

The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund


When was the first money market mutual fund?

The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund


What year was the first money market mutual fund?

The first money market mutual fund (MMMF) was created in 1971 and called the Reserve Fund


What does fund actually mean?

As a Noun in means Money, or a collection of gathered money to draw from or to use in investments. As a verb it means to financially back a project, or supply money to.


What is contingencu fund?

A contingency fund is an amount of money placed aside to be used when a certain event (the contingency) occurs. A common example is a contingency fund for risks in a project. If the risk occurs, the money is used to mitigate the risk. Without a contingency fund, any risks coming to pass would become uncovered expenses.


What is the small amount of money given to the petty cashier call?

The small amount of money given to the petty cashier is called a "petty cash fund." This fund is used for minor expenses that are too small to warrant issuing a formal check or processing through the main accounting system. Petty cash is typically kept in a secure location and is replenished periodically based on receipts and expenditures.


Was the Reserve Fund the first money market mutual fund?

The Reserve Fund was the first money market mutual fund


Is a money market fund the same as a mutual fund?

A money market fund is a mutual fund, but behaves a little different than most fund.


What is money taken from pay and put into a pension fund called?

superannuation - Regular payment made into a fund by an employee toward a future pension.


What is a fund that pools the savings of many individuals and invests this money in a variety of stocks bonds and other financial assets called?

mutual fund