or Public Funds. Money lent at interest to Government on
Government security. It means the national stock, which is the foundation of its operations.
A fall in the funds
is when the quotation is lower than when it was last quoted. A
rise in the funds
is when the quotation is higher than it was
To be interested in the funds
is to have money in the public funds. To be out of funds,
out of money.
Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894