Meaning of Superfund | Babel Free

Definitions

1. An investment vehicle for superannuation assets.
   Australia, British
2. An investment fund that invests in other investment funds; a fund of funds.
3. A large amount of money designated for environmental cleanup by the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) of 1980.
   US

Examples

“a Superfund site”

“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.”

CEFR level