A2 noun 2 min read

기금

A fund is a sum of money saved or collected for a specific purpose.

gigeum

Explanation at your level:

A fund is money kept for a special reason. For example, a school might have a fund to buy new books. It is a group of money for a goal.

When people want to do something big, they use a fund. You can put money into a fund to help others. It is very useful for charities and big projects.

A fund represents a financial reserve. Organizations use these to ensure they have enough money for future projects. You might hear about a pension fund or a relief fund in the news.

The term fund often implies institutional management. It is not just personal savings; it is money held by a body for a specific mandate. Understanding how funds are allocated is key to business English.

In advanced contexts, funds (often plural) can refer to available liquid assets. We distinguish between endowment funds, which are invested for long-term growth, and operating funds, used for daily expenses. The nuance lies in the fiduciary responsibility associated with the term.

Etymologically, a fund derives from the Latin fundus, meaning 'bottom' or 'foundation'. This highlights the historical concept of a 'bottom' or 'base' of capital. In high-level finance, we discuss sovereign wealth funds and hedge funds, where the term denotes complex financial vehicles governed by strict legal frameworks.

Word in 30 Seconds

  • 기금 is a fund.
  • Used for specific goals.
  • Formal term.
  • Sino-Korean origin.

When you hear the word 기금 (fund), think of a dedicated pot of money. It is not just loose change; it is a structured amount set aside with a clear goal in mind.

Whether it is a scholarship fund for students or an emergency fund for a city, the core idea is purpose-driven finance. It is a very common term in business, government, and non-profit sectors.

The Korean word 기금 is a Sino-Korean term. (基) refers to a base or foundation, and (金) refers to gold or money.

Historically, this reflects the idea of building a foundation of money. It evolved from ancient practices where communities would pool resources to ensure stability during lean times, eventually becoming the standard term for modern institutional finance.

You will see 기금 used mostly in formal contexts. Common collocations include 기금을 조성하다 (to raise/create a fund) or 기금을 운영하다 (to manage a fund).

It is rarely used in casual, everyday conversation between friends unless discussing serious financial topics or large-scale charity events.

1. 기금을 조성하다: To raise funds for a cause.

2. 기금 고갈: A fund depletion or running out of money.

3. 기금 운용: The management or investment of fund assets.

4. 공익 기금: A public interest fund.

5. 장학 기금: A scholarship fund.

기금 is a standard noun. It does not have a plural form in Korean, as plurality is context-dependent.

In terms of pronunciation, it is pronounced [기금]. Ensure the '기' is crisp and the '금' has a clear nasal ending. It rhymes with words ending in '-음' like '믿음' (faith) or '걸음' (step).

Fun Fact

It implies a solid base for wealth.

Pronunciation Guide

UK /ɡiːɡʌm/

Clear syllables

US /ɡiːɡʌm/

Standard

Common Errors

  • Mispronouncing the final consonant

Rhymes With

믿음 걸음 다듬 묶음 흐름

Difficulty Rating

Reading 2/5

Easy

Writing 2/5

Easy

Speaking 2/5

Easy

Listening 2/5

Easy

What to Learn Next

Prerequisites

모으다

Learn Next

투자 기부

Advanced

자본금

Grammar to Know

Noun usage

기금은 중요하다.

Examples by Level

1

This is a fund.

이것은 기금이다.

Simple noun usage

1

We need a fund for the trip.

2

They started a fund.

3

Is this for the fund?

4

The fund is big.

5

He gave money to the fund.

6

She manages the fund.

7

The fund helps people.

8

We use the fund.

1

The charity raised a large fund.

2

Our school has a scholarship fund.

3

The emergency fund was used.

4

He donated to the relief fund.

5

The fund supports local arts.

6

They are creating a new fund.

7

Is the fund still active?

8

The fund is for the poor.

1

The government allocated funds for the project.

2

The pension fund is under review.

3

They invested the fund wisely.

4

The fund provides long-term stability.

5

He is the director of the fund.

6

The fund's assets are growing.

7

We need to replenish the fund.

8

The fund is legally protected.

1

The sovereign wealth fund stabilized the economy.

2

The endowment fund supports research.

3

The fund's performance exceeded expectations.

4

They liquidated the fund assets.

5

The fund is subject to audit.

6

He manages a multi-million dollar fund.

7

The fund serves a philanthropic purpose.

8

The fund is restricted to capital improvements.

1

The fiduciary duty of the fund manager is paramount.

2

The fund was established as a perpetual trust.

3

The fund's diversification strategy is complex.

4

They are restructuring the fund's portfolio.

5

The fund's bylaws are very strict.

6

The fund provides a hedge against inflation.

7

The fund is a cornerstone of the foundation.

8

The fund's liquidity is currently low.

Common Collocations

기금을 조성하다

Idioms & Expressions

"기금 마련"

fundraising

기금 마련 행사가 열렸다.

neutral

Easily Confused

기금 vs 자금

Both mean money.

기금 is for a cause, 자금 is general capital.

사업 자금 vs 장학 기금

Sentence Patterns

A2

Subject + 기금을 + Verb

그들은 기금을 모았다.

Word Family

Nouns

기부 donation

Verbs

조성하다 to create/raise

Related

general money

How to Use It

frequency

8

Formality Scale

Formal Neutral Casual Slang

Common Mistakes

Using '기금' for personal cash 현금 or 돈
기금 is for institutional/group purposes.

Tips

💡

Key + Gold

Think of it as a key to gold.

Memorize It

Mnemonic

Key + Gold (기 + 금)

Visual Association

A key opening a gold chest.

Word Web

Finance Donation Goal

Challenge

Search for a fund online.

Word Origin

Sino-Korean

Original meaning: Foundation Gold

Cultural Context

None

Funds are central to American philanthropy.

The United Way Red Cross Funds

Practice in Real Life

Real-World Contexts

Charity

  • 기금을 조성하다

Conversation Starters

"어떤 기금이 가장 중요할까요?"

Journal Prompts

기금을 모은다면 무엇을 위해 모을까요?

Frequently Asked Questions

1 questions

No, 기금 is for a specific purpose.

Test Yourself

fill blank A1

우리는 ___을 모았다.

Correct! Not quite. Correct answer: 기금

Fund is for money.

Score: /1

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