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Superfund

noun, verb

Definitions

Noun
  1. 1
    A large amount of money designated for environmental cleanup by the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) of 1980. US

    "a Superfund site"

  2. 2
    An investment vehicle for superannuation assets. Australia, British
  3. 3
    An investment fund that invests in other investment funds; a fund of funds.
  4. 4
    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 wordnet
Verb
  1. 1
    To fund (a college payment plan) with a large payment, more than the usual annual payment. US, transitive

    "You also have the option to "superfund" a 529 account by giving a five-year annual gift all at once. The benefit of superfunding the account is that with a higher starting balance, the account will accrue higher earnings. Individuals can donate up to $75,000 (couples can donate $150,000) at one time."

  2. 2
    To fund (environmental cleanup) by means of a Superfund. US, transitive

    "Defendants also had "ample opportunity to propose incorporation" of a provision in the decree prohibiting or limiting the FPA from superfunding the area outside the Box."

Etymology

Etymology 1

From super- + fund.

Etymology 2

A blend of superannuation (“retirement”) + fund.

Etymology 3

From super- + fund.

Etymology 4

From super- + fund.

See also for "superfund"

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