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fundholder

fundholder

5.3
A person or organization that holds and spends money for a specific purpose
  • noun
  • /ˈfʌndˌhoʊldər/
translation icon : gestor de fondos
  • Each project team reports their expenses to the central fundholder every quarter.

Examples

  • The fundholder made a wise investment last year.

  • As a fundholder, the organization is accountable for the distribution of grant money.

  • The fundholder must ensure that all expenditures are properly documented and justified.

  • Many fundholders attended the annual meeting.

  • The fundholder made careful decisions to ensure the investment served its intended purpose.

  • As a fundholder, she was responsible for managing the charity's financial contributions effectively.

  • The organization appointed a new fundholder to oversee the allocation of resources for its community projects.

Synonyms

trustee
vsfundholder
  • Specialized
137 4.8

A person or group who manages money and property for others and must act for their benefit

manages money for a particular purpose rather than under a formal trust
treasurer
vsfundholder
52 5.0

A person who manages money and pays bills for a group or company

is a general manager of money for a specific purpose not official
holder
vsfundholder
  • Specialized
37 3.9

A person who has a check or bond and can get its money

manages or controls money for a purpose rather than merely possessing documents
fiduciary
vsfundholder
  • Specialized
5 9.2

A person who must manage someone else's money or property and act in their best interest

manages or controls money for a set purpose without implying legal duty
depositary
vsfundholder
  • Formal
1 8.1

A person, place, or group that keeps things safe for others

manages and controls money for a specific purpose instead of merely storing it
money handler
vsfundholder
4.5

A person who receives, manages and pays out money for a company

controls and manages money for a defined purpose rather than only doing transactions
money dealer
vsfundholder
4.6

A person who handles money for other people, like taking and investing it

manages money for a particular purpose rather than trading or commercial transactions
disburser
vsfundholder
  • Specialized
6.5

A person or organization that pays money from a fund for specific purposes

oversees and controls the whole sum rather than only making payments
stakeholder
vsfundholder
  • Archaic
6.1

A person who holds money for others until a bet ends

controls funds for a defined purpose rather than temporarily holding them for others

Antonyms

130 5.8

A person or organization who receives money and help from a will, trust and insurance

How Responsible

fiduciary
  • Specialized
5 9.2
trustee
  • Specialized
137 4.8
manager
1.6
fundholder
5.3
custodian
40 3.8
recipient
300 3.7

Surface Forms

fundholder singular
fundholders plural

Morphology

fundholder = fund + holder (transparent) = fund + holder

A straightforward compound 'fund' + 'holder' meaning someone who holds or manages funds, which learners can derive from the parts.

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.