单词 | trust fund |
释义 | trust fundn. A fund consisting of property, assets, etc., put in the possession of a trustee or trustees to be held or administered for the benefit of another. Also in later use: spec. a fund of this kind established for a young person, and relieving him or her of the need to earn a living. ΚΠ 1738 Petition A. Inglis of Murdiston 6 William Inglis obtained a Reduction of the Transaction with the Defunct with respect to the excrescent Trust-fund. 1780 Ld. Fife Let. 29 Feb. in Ld. Fife & his Factor (1925) v. 121 After his death, you know how I was involved in a trust-fund. 1833 Christian Advocate Sept. 426/2 This sum was part of a trust fund, raised by contributions in 1790.., and placed under the control of trustees. 1862 Harper's Mag. Aug. 337/1 Mr. Pennington has a considerable practice as a lawyer and a handsome private estate. He has, as a consequence, many trust funds. 1905 Atlantic Reporter 60 982/2 He possessed a large amount of property and thought the trust fund quite safe. 1984 Washington Post 14 May 3/1 George Pillsbury was awarded his trust fund while still a student at Yale University, right about the time he was rallying against the war in Vietnam. 2005 J. Weiner Goodnight Nobody v. 38 Sleek girls with trust funds who'd heave up their celery sticks in the echoing marble bathrooms every day after lunch. Compounds trust-fund baby n. chiefly derogatory a wealthy person, typically a young adult, who benefits from a trust fund, esp. one whose privileged lifestyle leads to a lack of understanding of the practical concerns of everyday life. ΚΠ 1974 Colorado Springs Gaz.-Tel. 14 Sept. 33 d/3 Today, Cassidy and the Kid would have to make way for the ‘trust fund babies’, the rich kids from the east who own the town lock, stock and barrel without having had to lift a finger in the process. 1998 P. F. Campos Jurismania iii. 28 Birkenstock-clad trust fund babies who..spend their unlimited leisure time worrying about cholesterol levels, the Dalai Lama, and the price of IBM. 2002 Metro 20 Sept. (London ed.) 10/3 I can't date anybody like a trust-fund baby or if her daddy takes care of her. I like a good hard-working woman. This entry has been updated (OED Third Edition, December 2015; most recently modified version published online March 2022). < n.1738 |
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