Definition of

Background

Alley

The area furthest from the entrance or a reference point is called the bottom.

The bottom is the bottom of something hollow . The term comes from the Latin fundus . For example: “The buttons are at the bottom of the jar and I can't get a hold of them,” “The bottom of the jar cracked and the liquid started to come out.”

The background is also the interior extension of a building or the interior or rear patio of the house : “Welcome, please come in: Martín is in the background” , “The best thing about this house is that it has a very wide background” , “ The thieves entered through the back and ransacked the home.”

Another use of the term refers to the solid surface on which the water is found: “The dream of many scientists is to explore the bottom of the ocean,” “The body was tied to a stone so that it would sink to the bottom of the river.” .

Various uses of the term background

The area furthest from a certain landmark or entrance is called the background: “My house is at the end of a dark alley, so I try not to go out too much at night,” “Are you looking for the bathroom?” You must walk to the end of the hallway and then turn right.”

The background is, on the other hand, the essential part of something . In this way, it differs from the form and the accessory: “The underlying problem is not poverty, but inequality,” “The deputy promised to get to the bottom of the matter and continue with his complaint to the ultimate consequences.”

Fund, likewise, is the money or assets owned by a person, an organization or a community: “Neighbors raise funds to restore the neighborhood library building.”

Underwater

The seabed is the solid surface on which water is found.

The IMF and the EIF

Likewise, we cannot ignore that there are various institutions worldwide that use the term at hand to define themselves. This would be the case, for example, of the International Monetary Fund (IMF) . It was launched in 1945 and its main objectives are to carry out financial cooperation between them as well as to achieve economic stability.

On the other hand, there is the European Investment Fund (EIF) which, as its name indicates, operates in the nations that are part of the European Union . It is based in Luxembourg and its fundamental purpose is to support small and medium-sized enterprises (SMEs) in terms of guarantees and funds when getting up and running and initiating various projects.

Fund as a union of people

In the same way, we cannot ignore that fund is a term that is used colloquially to refer to a singular union of several people . Specifically, Spain is where that word is used to define a peculiar savings system that is carried out simultaneously by several people.

The usual thing is that in bars or in groups of friends it is decided to have a piggy bank in which all the members put the same fixed amount weekly. In this way, after a stipulated time, each one will receive the money they have been putting in. It is, therefore, a way to save and then obtain an amount that can be used for trips, whims of various types...