Fjármunur

Fjármunur is an Icelandic noun meaning a pool of money or financial resources designated for a specific purpose. In public, corporate, and non-profit contexts, it refers to funds that have been allocated, earmarked, or set aside to cover planned activities, projects, or ongoing operations. A fjármunur can be held by a government agency, a company, a foundation, or another organization, and its use is typically limited by rules, budgets, or contracts.

Historically, the word is formed from fjár-, relating to money, and munur, which in Icelandic denotes a portion, share, or reserve. The term is closely related to other financial vocabulary such as fjármál (finance), fjármagn (capital), and sjóður (fund). The plural form fjármunir refers to multiple funds or sums of money.

In accounting and governance, identifying and naming a fjármunur helps clarify funding sources, restrictions, and reporting requirements. It is distinct from general revenue or unrestricted funds, though in practice the lines may blur when funds are reallocated or unspent balances are carried forward.

Related concepts include fjármál, fjármögnun, sjóður, and budget terminology.