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trust fund
noun
money, securities, property, etc., held in trust.
a government fund administered separately from other funds and used for a specified purpose.
a highway trust fund.
trust fund
noun
money, securities, etc, held in trust
Word History and Origins
Origin of trust fund1
Example Sentences
“This includes proposing policy updates to occupational data sources and optimizing their use to serve our customers and preserve the trust funds,” Mackey added.
Texas is putting in $100 million into their child-care system; Montana carved out a trust fund for early care and education; and Kentucky is making child care free.
“Once these trust funds dry out, water bankruptcy is imminent.”
“There’s no financial backers. We’re not trust fund kids and we don’t have a bunch of real estate properties making money that way,” Wilkerson said.
As I wrote in 2005, when the idea of allowing Social Security to invest its trust fund in equities was under consideration again, the potential for conflicts of interest is inescapable.
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