Superfund
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Superfund is a noun meaning (British, Australia, finance) An investment vehicle for superannuation assets.
Meaning
(British, Australia, finance) An investment vehicle for superannuation assets.
More Meanings
- (finance) An investment fund that invests in other investment funds; a fund of funds.
- (US, transitive) To fund (a college payment plan) with a large payment, more than the usual annual payment.
- (US, transitive) To fund (environmental cleanup) by means of a Superfund.
Example Sentences
Defendants also had "ample opportunity to propose incorporation" of a provision in the decree prohibiting or limiting the FPA from superfunding the area outside the Box.
You also have the option to "superfund" a 529 account by giving a five-year annual gift all at once. The benefit of superfunding the account is that with a higher starting balance, the account will accrue higher earnings. Individuals can donate up to $75,000 (couples can donate $150,000) at one time.
Word Forms
- superfunds
- superfunding
- superfunded
Related Words
Related dictionary entries include megafund, fund, fundage, fond, subfund, subfonds.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.