superfund verb 2noun 2forms 3 verb2 •(US) To fund (environmental cleanup) by means of a Superfund.Defendants also had "ample opportunity to propose incorporation" of a provision in the decree prohibiting or limiting the FPA from superfunding the area outside the Box. — 2006 •(US) To fund (a college payment plan) with a large payment, more than the usual annual payment. noun2 •(UK, Australia) An investment vehicle for superannuation assets. •An investment fund that invests in other investment funds; a fund of funds. formssuperfunded · superfunding · superfunds
Superfund noun1 •(US) A large amount of money designated for environmental cleanup by the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) of 1980.The threat to the Dow complex highlights the risks to Superfund and other toxic cleanup sites posed by the effects of climate change, which include more frequent and severe flooding. — 2020 formsSuperfunds