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trust fund

noun

Simple Definition of trust fund

  • : money that belongs to one person but is legally held or managed by another person or by an organization

Full Definition of trust fund

  1. :  property (as money or securities) settled or held in trust

Examples of trust fund

  1. She paid for college out of a trust fund set up for her by her grandfather.



1780

First Known Use of trust fund

1780

Rhymes with trust fund


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