assistance fund
nounUK /əˈsɪstəns fʌnd/
US /əˈsɪstəns fʌnd/
A pot of money kept to help people who need it.
The school set up an assistance fund to buy books for children who cannot afford them.
RELATED WORDS
OTHER MEANINGS
2. A pool of money collected by a government or organization to give financial help after disasters or emergencies.
The city's disaster assistance fund paid for temporary housing after the flood.
3. Money set aside by a company or union to help employees facing sudden hardship.
She applied to the employee assistance fund after her husband lost his job.
4. A charitable account that provides small loans or gifts to people in financial trouble.
The church's assistance fund helped the family pay their heating bill last winter.