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Function and Accumulation

noun

  • Mathematics) a mathematical relation such that each element of a given set (the domain of the function) is associated with an element of another set (the range of the function. ()
  • What something is used for.
    • usage: "the function of an auger is to bore holes"; "ballet is beautiful but what use is it"
  • The actions and activities assigned to or required or expected of a person or group.
    • usage: "the function of a teacher"; "the government must do its part"; "play its role"
  • A relation such that one thing is dependent on another.
    • usage: "height is a function of age"; "price is a function of supply and demand"
  • A formal or official social gathering or ceremony.
    • usage: "it was a black-tie function"
  • A vaguely specified social event.
    • usage: "the party was quite an affair"; "an occasion arranged to honor the president"; "a seemingly endless round of social functions"
  • A set sequence of steps, part of larger computer program.

verb

  • Perform as expected when applied.
    • usage: "The washing machine won't go unless it's plugged in"; "Does this old car still run well"; "This old radio doesn't work anymore"
  • Serve a purpose, role, or function.
    • usage: "The tree stump serves as a table"; "The female students served as a control group"; "This table would serve very well"; "His freedom served him well"; "The table functions as a desk"
  • Perform duties attached to a particular office or place or function.
    • usage: "His wife officiated as his private secretary"

noun

  • An increase by natural growth or addition.
  • Several things grouped together or considered as a whole.
  • The act of accumulating.
  • Finance) profits that are not paid out as dividends but are added to the capital base of the corporation. (.
  • (n.) The act of accumulating, the state of being accumulated or that which is accumulated; as, an accumulation of earth, of sand, of evils, of wealth, of honors.
  • (n.) The concurrence of several titles to the same proof.

In the context of corporate finance, refers to profits that are added to the capital base of the company rather than paid out as dividends. See: Accumulated profits tax. In the context of investments, refers to the purchase by an institutional broker of a large number of shares over a period of time in order to avoid pushing the price of that share up. In the context of mutual funds, refers to the regular investing of a fixed amount while reinvesting dividends and capital gains.