FUND Definition

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FUND is a pool of money normally set apart for a purpose, for example, a pension fund to provide pensions.

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NASD is National Association of Securities Dealers.

FEEDBACK is the process in which part of the output of a system is returned to its input in order to regulate its further output, e.g. a management feedback system would assess the effectiveness of management or a given process and feed the analyzed results back into management for development of positive change.

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