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fund vs face-amount certificate company

face-amount certificate company vs fund

fund and face-amount certificate company both are nouns.

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

Word NounAdjectiveVerbAdverb
fund Yes No Yes No
face-amount certificate company Yes No No No
As nouns, face-amount certificate company is a hyponym of fund; that is, face-amount certificate company is a word with a more specific, narrower meaning than fund:
  • fund: a financial institution that sells shares to individuals and invests in securities issued by other companies
  • face-amount certificate company: a regulated investment company that pays a stated amount to certificate holders on a stated maturity date
fund (noun) face-amount certificate company (noun)
a financial institution that sells shares to individuals and invests in securities issued by other companies a regulated investment company that pays a stated amount to certificate holders on a stated maturity date
a reserve of money set aside for some purpose
a supply of something available for future use
fund (verb) face-amount certificate company (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 fund and face-amount certificate company

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