Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun UK, finance A investment vehicle for superannuation assets.
  • noun finance An investment fund that invests in other investment funds; a fund of funds.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun the federal government's program to locate and investigate and clean up the worst uncontrolled and abandoned toxic waste sites nationwide; administered by the Environmental Protection Agency

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

A blend of superannuation ("retirement") and fund

from Wiktionary, Creative Commons Attribution/Share-Alike License

super- +‎ fund

Examples

  • If contributing to the superfund were a patriotic and profitable duty to help protect the broader economy, that's one thing.

    UnimpresSIV

  • The move will be a significant step in forming the so-called superfund that has been in the works since September.

    SIV-Plan Founders to Seek

  • Last fall, J.P. Morgan played a leading role in a Treasury-backed effort to thaw frozen credit markets by creating a "superfund" for certain off-balance-sheet investment vehicles that were struggling.

    Fed Races to Rescue Bear Stearns

  • Last fall, J.P. Morgan played a leading role in a Treasury-backed effort to thaw frozen credit markets by creating a "superfund" for certain off-balance-sheet investment vehicles that were struggling.

    Fed Races to Rescue Bear Stearns

  • Meanwhile, the "superfund" mentioned above increasingly seems troubled.

    Facing a Mortgage Crisis

  • These include the Bush administration's orchestration of a plan to help struggling homeowners at the heart of the crisis by freezing interest rates that are set to rise and trigger more defaults; and another aimed at bringing big banks together in a "superfund" to financially support the investment entities tottering under the weight of their bad mortgage-backed securities.

    Facing a Mortgage Crisis

  • The first is a proposal put forth by the Treasury Department that leading U.S. financial institutions set up a "superfund" called the Master Liquidity Enhancement conduit.

    Who's Watching the Big Banks?

  • When contributions to the City´s retirement fund are less than the normal cost, the difference between the normal cost and the required employer payment to the retirement fund will be deposited into the Retiree Health Care Trust Fund, to cover retiree health care expenses, or to "superfund" the pension

    California Chronicle

  • Regional venture 'superfund' urged development, strong industrial base, and prowess in key technologies and sectors, the Great Lakes region should be awash in new

    WN.com - Business News

  • Following more than two decades of cleanup, the last of three federal "superfund" sites in Ascension Parish is off the national priority list but monitoring and cost recuperation continue, federal officials say.

    2theadvocate.com Latest News

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.