trust fund
noun
: property (such as money or securities) settled or held in trust
Example Sentences
She paid for college out of a trust fund set up for her by her grandfather.
Recent Examples on the Web The Social Security retirement trust fund will last one year longer than was estimated last year, according to the latest annual report from the Board of Trustees of Social Security. 
Bob Carlson, Forbes, 18 July 2022 Byrd is among those promoting a nascent plan to put frozen Afghan reserves into a trust fund that would be housed in Switzerland, perhaps to be overseen by central-banking experts—details to be negotiated with the Taliban. Steve Coll, The New Yorker, 27 Aug. 2022 Under his leadership, the state passed his measure that set up a $40 million trust fund aimed at conservation and restoration to benefit the Great Salt Lake. The Salt Lake Tribune, 2 Aug. 2022 The agreement ultimately adopted the Senate’s proposal for the Commonwealth Cares for Children program, and also invested $175 million into a new early education and care trust fund, Rodrigues said. Matt Stout, BostonGlobe.com, 17 July 2022 The legislation, which has since been passed and enacted, also establishes a statewide 988 trust fund and sets forth requirements for organizations to be designated as a 988 crisis lifeline center. Claire Rafford, The Indianapolis Star, 15 July 2022 Maryland will establish a permanent trust fund to maintain its behavioral health crisis response services, including call centers, mobile crisis teams and crisis stabilization centers. Hannah Gaskill, Baltimore Sun, 1 July 2022 Currently, the firm is working with Papua New Guinea to guarantee transparency and reliability by using a national climate and biodiversity trust fund. Ken Silverstein, Forbes, 27 June 2022 Her status as a pretend socialite, sitting on a make-believe $60 million trust fund gave her the platform to convince wealthy people to invest money in her art foundation and social club. Fortune, 16 June 2022 See More
Bob Carlson, Forbes, 18 July 2022 Byrd is among those promoting a nascent plan to put frozen Afghan reserves into a trust fund that would be housed in Switzerland, perhaps to be overseen by central-banking experts—details to be negotiated with the Taliban. Steve Coll, The New Yorker, 27 Aug. 2022 Under his leadership, the state passed his measure that set up a $40 million trust fund aimed at conservation and restoration to benefit the Great Salt Lake. The Salt Lake Tribune, 2 Aug. 2022 The agreement ultimately adopted the Senate’s proposal for the Commonwealth Cares for Children program, and also invested $175 million into a new early education and care trust fund, Rodrigues said. Matt Stout, BostonGlobe.com, 17 July 2022 The legislation, which has since been passed and enacted, also establishes a statewide 988 trust fund and sets forth requirements for organizations to be designated as a 988 crisis lifeline center. Claire Rafford, The Indianapolis Star, 15 July 2022 Maryland will establish a permanent trust fund to maintain its behavioral health crisis response services, including call centers, mobile crisis teams and crisis stabilization centers. Hannah Gaskill, Baltimore Sun, 1 July 2022 Currently, the firm is working with Papua New Guinea to guarantee transparency and reliability by using a national climate and biodiversity trust fund. Ken Silverstein, Forbes, 27 June 2022 Her status as a pretend socialite, sitting on a make-believe $60 million trust fund gave her the platform to convince wealthy people to invest money in her art foundation and social club. Fortune, 16 June 2022 See More Word History
First Known Use
1738, in the meaning defined above
Legal Definition
trust fund
see fund sense 1
trust fund
noun
as in state aid
Synonyms & Similar Words
Relevance
- state aid
- foreign aid
- benefit
- legacy
- endowment
- fund
- allowance
- block grant
- stipend
- advance
- bequest
- assistance
- trust
- relief
- aid
- grant
- subsidy
- annuity
- allocation
- entitlement
- set-aside
- grant-in-aid
- appropriation
- subvention
- allotment