Definition of trust fund in US English:
trust fund
nounˈtrəs(t) ˌfəndˈtrəs(t) ˌfənd
A fund consisting of assets belonging to a trust, held by the trustees for the beneficiaries.
Example sentencesExamples
- If there were a trust fund, a portion of the trust fund would have been applied to these overhead expenses.
- The two countries have now launched a trust fund to elicit funds from the public to preserve the continent's heritage.
- Another option is to start saving in a unit trust fund of your choice.
- He should consider creating a trust fund that would be owned by his employees.
- Both funding and portfolio diversification can be done in a trust fund or an individual account.