accumulate funds

USAGE SUMMARY

The phrase "accumulate funds" is correct and usable in written English.
You can use it when discussing the process of gathering or collecting money over time for a specific purpose, such as savings or investment. Example: "In order to purchase a new home, we need to accumulate funds over the next few years."

✓ Grammatically correct

News & Media

Formal & Business

Wiki

Human-verified examples from authoritative sources

Exact Expressions

7 human-written examples

Private firms must accumulate funds to meet their pension obligations, why not Uncle Sam?

The New York Times

Savers and investors, on the other hand, accumulate funds which could earn interest or dividends if put to productive use.

Britannica

For example, Mr. Willens, whose title at KPMG Peat Marwick is tax partner in charge of professional practice, said he would not recommend a LYON to accumulate funds for a child's college education.

The New York Times

Prospective Chinese buyers have recently asked for six-month escrow periods rather than the usual 30 days to accumulate funds.

Los Angeles Times

Besides these options listed above, there are always traditional bank loans, government aid schemes, and many more ways you can accumulate funds for your business.

Huffington Post

Produced by Jimmy Iovine and born from a desire to create a tribute album to his late father, its mission was to accumulate funds for the Special Olympics by selling a CD filled with Christmas songs donated by some of that era's most popular recording artists.

Huffington Post

Human-verified similar examples from authoritative sources

Similar Expressions

53 human-written examples

But mutual fund investors tend to accumulate fund shares over an extended period and toreinvest dividends, resulting in many purchases at a range of prices (reinvested dividends will also complicate accounting for stock sales).

The New York Times

A common measure of the solvency of unemployment insurance funds is the reserve ratio, or accumulated funds as a percent of annual payroll.

The New York Times

A tribunal ordered the transfer to the nation's treasury of $683 million in illegally accumulated funds from Swiss bank accounts held by former President Ferdinand E. Marcos.

The New York Times

Under President Bush's proposal to "privatize" Social Security, what measures are to be taken to protect the accumulating funds from cash-outs well before retirement?

The New York Times

He hopes that the scheme could build up accumulated funds of billions of pounds and help solve the funding crisis in social care.

The Times

Expert writing Tips

Best practice

When discussing long-term financial goals, use "accumulate funds" to emphasize the gradual process of building up a financial base.

Common error

Avoid using "accumulate funds" interchangeably with verbs like "hoard" if you don't want to imply excessive or selfish accumulation.

Linguistic Context

The phrase "accumulate funds" functions as a verb phrase. According to Ludwig AI, it's used to describe the process of gradually gathering or collecting money over time. This is supported by the examples showing its use in discussions of savings, investment, and business finance.

Expression frequency: Uncommon

Frequent in

News & Media

43%

Formal & Business

29%

Wiki

14%

Less common in

Academia

14%

Science

0%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "accumulate funds" is a grammatically correct verb phrase used to describe the gradual gathering of money, often for a specific purpose. According to Ludwig AI, this phrase is usable in written English and is best suited when discussing the process of gathering money over time for savings or investments. While not highly frequent, it appears most commonly in News & Media and Formal & Business contexts. Alternative phrases include ""raise capital"" and "gather resources". Avoid confusing it with terms implying excessive accumulation, such as "hoard".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

raise capital

Implies acquiring funds specifically for business ventures or investments; more formal.

gather resources

Broader term encompassing the collection of various types of resources, not exclusively financial.

amass wealth

Focuses on accumulating a significant amount of riches, suggesting a larger scale.

build up reserves

Emphasizes creating a financial safety net or surplus for future use.

secure funding

Highlights the act of obtaining funds from external sources, often for projects or initiatives.

generate income

Focuses on creating revenue streams rather than simply collecting existing funds.

attract investment

Specifically refers to the process of enticing investors to contribute funds.

hoard funds

Suggests accumulating funds excessively, often with a negative connotation.

acquire assets

Focuses on obtaining valuable possessions or property, not solely cash.

set aside savings

Implies a conscious effort to put money away regularly for future needs.

FAQs

How can I use "accumulate funds" in a sentence?

You can use "accumulate funds" to describe the gradual process of saving or raising money for a specific purpose. For example: "They plan to "accumulate funds" for their children's education."

What's a more formal way to say "accumulate funds"?

A more formal alternative to "accumulate funds" is "raise capital", particularly when referring to business or investment contexts.

Is it correct to say "accumulate fund" instead of "accumulate funds"?

No, it's grammatically incorrect. "Accumulate" requires a plural noun like "funds", "resources", or "assets" when referring to multiple instances of gathering something.

What's the difference between "accumulate funds" and "save money"?

"Save money" generally refers to setting aside current income, while ""accumulate funds"" can encompass various methods of gathering money, including saving, investment, and fundraising.