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FUND Definition & Legal Meaning

Definition & Citations:

v. 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, bearingregular interest, and to provide or appropriate a fund or permanent revenue for thepayment thereof. Merrill v. Monticello (C. C.) 22 Fed. 596.

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