trust fund

American  

noun

1. money, securities, property, etc., held in trust.

2. a government fund administered separately from other funds and used for a specified purpose.

   a highway trust fund.

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trust fund British  

noun

1. money, securities, etc, held in trust

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Etymology

Origin of trust fund

First recorded in 1860–65

Example Sentences

“I would like to create a trust fund of $5 million for her and suggest she quit work and travel for a few years to see the world,” she said.

From MarketWatch

Social Security’s trust fund supporting seniors is expected to run short of money in a few short years, resulting in benefit cuts of 22.5% in 2033, according to the Trustees report released in June.

From MarketWatch

Nearly two years after my mother died — and after the trustee had spent around $350,000 in legal fees — we went to arbitration over her use of trust funds.

From MarketWatch

Congress has in the past adjusted payroll-tax allocations between trust funds when needed.

From MarketWatch

I knew that some had trust funds to fall back on, or that they were driving cars paid for by their parents.

From The Wall Street Journal