Funds
Funds
Funds (pronunciation: /fʌndz/) is a term commonly used in the medical and healthcare industry. It refers to the financial resources that are allocated for a specific purpose, such as research, treatment, or healthcare services.
Etymology
The term 'funds' originates from the Latin word 'fundus', which means 'bottom' or 'base'. In the context of finance and healthcare, it refers to the base or foundation of financial resources that are used to support a specific cause or purpose.
Related Terms
- Budget: A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. In healthcare, budgets are often used to allocate funds for various purposes, such as research, treatment, and services.
- Finance: Finance is a term for matters regarding the management, creation, and study of money and investments. In healthcare, finance often refers to the management of funds, including the allocation and utilization of funds for healthcare services.
- Healthcare Services: Healthcare services are a broad spectrum of services provided by hospitals, clinics, doctors, and other healthcare providers. These services are often funded by various sources, including government funds, private funds, and insurance.
- Research: Research is a systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions. In healthcare, research is often funded by various sources, including government funds, private funds, and grants.
- Treatment: Treatment refers to the management and care of a patient to combat disease or disorder. In healthcare, treatment is often funded by various sources, including government funds, private funds, and insurance.
External links
- Medical encyclopedia article on Funds
- Wikipedia's article - Funds
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