general-purpose fund
noun[C]
FINANCEukusaninvestmentfundthatinvestsin arangeofshares,bonds, etc.ratherthan in just onetype:
This is ageneral-purposefundthatinvestsinlistedequity,debt,realestate, andprivateequity.
anamountofmoneysavedorcollectedfor different things,ratherthan oneparticularthing:
Themoneywill be put towards the college'sgeneral-purposefund.