Permanent fund
In the United States, a permanent fund is one of the five types of governmental fund types established by accounting standard GASB 34. Permanent funds are legally restricted to disbursing investment income only, never principal.
In the United States, a permanent fund is one of the five types of governmental fund types established by accounting standard GASB 34. Permanent funds are legally restricted to disbursing investment income only, never principal.
In the United States, a permanent fund is one of the five types of governmental fund types established by accounting standard GASB 34. Permanent funds are legally restricted to disbursing investment income only, never principal.
Source: Wikipedia "Permanent fund" · CC BY-SA 4.0
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