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

In June, trustees for the Social Security program said its costs will exceed its income this year for the first time since 1982, forcing the program to dip into its nearly $3 trillion trust fund to cover benefits. Nick Timiraos, WSJ, "Why Trillion-Dollar Deficits Could Be the New Normal," 5 Aug. 2018 The suit cites a 1980 law saying such accounts shall be available to any qualified depository institution that receives deposits other than trust funds. Michael S. Derby, WSJ, "Bank Sues New York Fed Over Lack of Account," 5 Sep. 2018 The federal government will have to start dipping into the $2.9 trillion trust fund to keep paying out benefits. Alexia Fernández Campbell, Vox, "Why baby boomers need immigrants to fund their retirement, in 2 charts," 1 Aug. 2018 In principle, the U.S. is supposed to be paying forward its Social Security and Medicare obligations by building up trust funds to cover future costs. Richardo Alonso-zaldivar And Andrew Taylor, chicagotribune.com, "Medicare will run out of money in 2026, three years earlier than expected, government report says," 5 June 2018 The show followed Upper East Siders Serena van der Woodsen (Blake Lively) and Blair Waldorf (Leighton Meester), who were born with trust funds and heads of hair to match. Veronica Walsingham, SELF, "Growing Up With Less Money Than My Friends Made Me Obsessed With Having Wealthy-Looking Hair," 15 Nov. 2018 Read More Rick Siskey handled her disabled daughter’s trust fund. Deon Roberts, charlotteobserver, "Rick Siskey Ponzi victims will finally get paid, as part of a $10 million deal," 11 July 2018 This means no credit card, no trust fund, no stake in Lodge Industries. Carolyn Twersky, Seventeen, "Everything That Happened On "Riverdale" Season 2," 8 Oct. 2018 The insolvency date for Medicare’s giant inpatient trust fund moved three years closer, to 2026. Ricardo Alonso-zaldivar, The Seattle Times, "Help Wanted: Overseers for Social Security and Medicare," 1 Oct. 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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Last Updated

28 Dec 2018

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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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