sharedfund

noun
UK /ˈʃeəd.fʌnd/
US /ˈʃerd.fʌnd/

A sharedfund is money that a group of people put together to use for something they all want.

Our class made a sharedfund to buy new books for the reading corner.


OTHER MEANINGS

2. A bank account that several people own and use together.

The roommates opened a sharedfund to pay for electricity and water.

3. Money collected by a club or team for a special purpose.

The soccer team's sharedfund paid for their new jerseys.

4. A way for friends to save money together for a trip or party.

We started a sharedfund so we could all go to the beach next summer.