trust fund
nounDefinition of trust fund
: property (such as money or securities) settled or held in trust
Examples of trust fund in a Sentence
She paid for college out of a trust fund set up for her by her grandfather.
Recent Examples on the Web
The real estate commission has a recovery trust fund for victims, but it's capped at $100,000 and that amount has apparently been distributed to several victims. — Dallas News, "She’s such a bad Texas real estate agent that the state took her license and fined her $122k," 1 Aug. 2019 Julia Salazar — the Brooklyn state senator who has been called out for falsely painting herself as a working-class immigrant — was living off a trust fund while mounting her socialist-themed campaign, new campaign finance disclosures reveal. — Max Jaeger, Fox News, "Dem socialist Julia Salazar allegedly dipped into trust fund during state senate campaign: report," 19 July 2019 In other cases, banks act as distributors for existing trust funds. — WSJ, "Strains Emerge in China’s $3 Trillion Financing Market," 11 July 2019 My mom’s made clear to me that there’s no trust fund. — Christie D'zurilla, latimes.com, "Gloria Vanderbilt told Anderson Cooper not to expect a trust fund. He got the estate instead," 2 July 2019 In 2016, La Mesa started a special trust fund for unfunded liability coverage, and has about $6.1 million saved. — San Diego Union-Tribune, "La Mesa looking at $51.7 million budget for next fiscal year," 26 June 2019 CalPERS was complicit by declaring that new benefits would be fully covered by healthy trust fund earnings. — Dan Walters, The Mercury News, "Walters: California’s slow-motion pension disaster," 19 Aug. 2019 John Aguilar and Judith Kohler take a look at how other states have used their severance taxes to create trust funds that today have billions of dollars in them, and why Colorado hasn’t done the same. — The Denver Post, "Post Premium: Our best stories for the week of Aug. 12-18," 18 Aug. 2019 The Social Security and Medicare trust fund assets don’t even cover what’s been promised to future retirees, so in fact the debt owed to Social Security and Medicare understates what the government truly owes to retirees. — Allison Schrager, Quartz, "Interest rates on government bonds are nearing record lows. Here’s why," 10 Aug. 2019These example sentences are selected automatically from various online news sources to reflect current usage of the word 'trust fund.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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