trust fund

noun

Definition 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 Medicare trust fund that pays for hospital care is projected to run out of money within eight years. WSJ, "Health Care: A Good Return for 18% of GDP?," 9 Aug. 2018 The trust fund was established decades ago to pay for decommissioning, and no additional funds from utility customers will be required, according to Exelon. Fox News, "Sale could speed decommissioning of oldest nuclear plant," 31 July 2018 Trustees said the trust fund for hospital expenses is not sufficiently financed over the next decade. Jayne O'donnell And Ken Alltucker, USA TODAY, "Medicare's hospital fund could run out of money by 2026, trustees report says," 5 June 2018 The trust fund for Medicare Part A, which covers hospital and nursing home costs for seniors, would run dry by 2026, three years earlier than last year's projection. Jeanne Sahadi, CNN, "Social Security must reduce benefits in 2034 if reforms aren't made," 5 June 2018 The fund that helps tens of millions of retirees is expected to be depleted a year earlier than projected last year, while the outlook for the disability trust fund is more favorable. Robert Pear, New York Times, "Medicare’s Trust Fund Is Set to Run Out in 8 Years. Social Security, 16.," 5 June 2018 The most recent Medicare Trustees report shows that the trust fund will be insolvent beginning in 2029. Stephen Koff, cleveland.com, "Jim Renacci, U.S. Senate candidate," 22 Mar. 2018 Congress ordered that a greater share of federal payroll tax revenue temporarily go to the trust fund to bolster it. Eric Morath, WSJ, "America’s Hidden Workforce Returns," 26 Jan. 2019 Among them: ▪ Additional payments included $150,000 to establish a 20-year trust fund in exchange for Hahn’s silence, an arrangement negotiated by Bakker deputy Richard Dortch. Karen Garloch, charlotteobserver, "1988: Observer wins Pulitzer Prize for coverage of PTL, Bakkers | Charlotte Observer," 15 Feb. 2018

These 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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First Known Use of trust fund

1738, in the meaning defined above

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Statistics for trust fund

Last Updated

6 Apr 2019

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The first known use of trust fund was in 1738

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More Definitions for trust fund

trust fund

noun

English Language Learners Definition of trust fund

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

trust fund

Legal Definition of trust fund

see fund sense 1

More from Merriam-Webster on trust fund

Rhyming Dictionary: Words that rhyme with trust fund

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