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Definitions from the Web

Interfund

Description:

Interfund is a term used in finance to refer to the transfer of money or assets between different funds within an organization. It involves moving resources from one fund to another for various purposes such as investment, risk management, or meeting specific financial goals.

Senses/Usage:

Noun (Finance):

The interfund allows for the transfer of funds from the company's general account to its investment account.

Verb (Finance):

The finance department interfunds resources to ensure efficient allocation of funds across different projects.

Adjective (Local):

The interfund collaboration between local businesses and the community has greatly contributed to the city's growth.

Sample Sentences:

Noun:

• The interfund balance shows the total amount of funds transferred between different accounts.
• Our organization's interfund policy governs the rules and procedures for fund transfers.

Verb:

• The financial manager decided to interfund the surplus money into a high-yield investment.
• Interfunding between accounts allows for better management of liquidity and risk.

Adjective:

• The interfund collaboration program aims to enhance local businesses' access to resources.
• Local artists are encouraged to participate in the interfund grant program to support their creative projects.

Related Products:

• Finance Management Books
• Risk Management Tools
• Investment Resources