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face-amount certificate company vs fund

fund vs face-amount certificate company

face-amount certificate company and fund both are nouns.

face-amount certificate company is not a verb while fund is a verb.

Word NounAdjectiveVerbAdverb
face-amount certificate company Yes No No No
fund Yes No Yes No
As nouns, fund is a hypernym of face-amount certificate company; that is, fund is a word with a broader meaning than face-amount certificate company:
  • face-amount certificate company: a regulated investment company that pays a stated amount to certificate holders on a stated maturity date
  • fund: a financial institution that sells shares to individuals and invests in securities issued by other companies
Other hypernyms of face-amount certificate company include investment company, investment firm, investment trust.
face-amount certificate company (noun) fund (noun)
a regulated investment company that pays a stated amount to certificate holders on a stated maturity date a financial institution that sells shares to individuals and invests in securities issued by other companies
a reserve of money set aside for some purpose
a supply of something available for future use
face-amount certificate company (verb) fund (verb)
furnish money for
place or store up in a fund for accumulation
convert (short-term floating debt) into long-term debt that bears fixed interest and is represented by bonds
accumulate a fund for the discharge of a recurrent liability
invest money in government securities
provide a fund for the redemption of principal or payment of interest
Difference between face-amount certificate company and fund

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