fundholder
- noun
- /ˈfʌndˌhoʊldər/
- Each project team reports their expenses to the central fundholder every quarter.
Examples
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The fundholder made a wise investment last year.
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As a fundholder, the organization is accountable for the distribution of grant money.
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The fundholder must ensure that all expenditures are properly documented and justified.
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Many fundholders attended the annual meeting.
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The fundholder made careful decisions to ensure the investment served its intended purpose.
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As a fundholder, she was responsible for managing the charity's financial contributions effectively.
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The organization appointed a new fundholder to oversee the allocation of resources for its community projects.
Synonyms
A person or group who manages money and property for others and must act for their benefit
A person who manages money and pays bills for a group or company
A person who has a check or bond and can get its money
A person who must manage someone else's money or property and act in their best interest
A person, place, or group that keeps things safe for others
A person who receives, manages and pays out money for a company
A person who handles money for other people, like taking and investing it
A person or organization that pays money from a fund for specific purposes
A person who holds money for others until a bet ends
Antonyms
A person or organization who receives money and help from a will, trust and insurance
How Responsible
Surface Forms
Morphology
Etymology
Fundholder comes from the simple parts fund ('a sum of money') and holder ('one who holds'). So a fundholder is a person or organization who keeps and manages money for a specific purpose.