Yes, fund is a Scrabble word!

Verb

1. Convert (short-term floating debt) into long-term debt that bears fixed interest and is represented by bonds

2. Place or store up in a fund for accumulation

3. Provide a fund for the redemption of principal or payment of interest

4. Invest money in government securities

5. Accumulate a fund for the discharge of a recurrent liability

6. Furnish money for

Noun

1. A reserve of money set aside for some purpose

2. A supply of something available for future use

3. A financial institution that sells shares to individuals and invests in securities issued by other companies