rewardfund
nounUK /rɪˈwɔːd fʌnd/
US /rɪˈwɔːrd fʌnd/
A rewardfund is money saved up to give to someone for doing something good.
The school started a rewardfund to buy prizes for students who read the most books.
OTHER MEANINGS
2. A sum of money set aside by a company to pay employees for good work.
The company created a rewardfund to thank workers for meeting their goals.
3. Money offered to the public for helpful information.
The police set up a rewardfund for anyone who could help find the lost painting.
4. A collection of money given as a prize in a contest.
The winner of the science fair took home the whole rewardfund.