ppl. a. [f. FUND v. + -ED1.]
1. a. Of a debt or stock: That has been made part of the permanent debt of the state, with provision for the regular payment of interest at a fixed rate.
1776. Adam Smith, W. N., V. iii. (1809), II. 522. The publick debts of Great Britain funded and unfunded.
1797. Monthly Mag., III. 199. Besides the said four funded stocks, a national bank is established at Philadelphia.
1820. Syd. Smith, Plymley’s Lett., Wks. (1859), II. 166/2. Ireland now supports a funded debt of about 64 millions.
1866. Crump, Banking, ix. 183. The permanent debt due to the Bank … which was included in the national debt accounts as funded debt.
b. Of property: Invested in ‘the funds.’
1848. Mill, Pol. Econ., Prelim. Remarks, I. 9. Funded property therefore cannot be counted as part of the national wealth.
1858. Ld. St. Leonards, Handy-bk. Prop. Law, XX. 152. In bequeathing your stock, give it generally, as all your funded property.
2. Stored up. Cf. FUND v. 2.
1841–4. Emerson, Ess. Manners, Wks. (Bohn), I. 208. The class of power, the working heroes … see that … fashion is funded talent.
1888. T. W. Higginson, Women & Men, xv. 77. The traditions and habits of society are to a great extent what might be called funded and accumulated good feeling.
