: 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 WebBoth the United States and the United Nations, which established a trust fund for Haiti, have struggled to raise the money.—Jacqueline Charles, Miami Herald, 12 Apr. 2024 When the trust fund was created, legislators stipulated that legislation was going to be needed to guide how and where the money was spent.—Laura Schulte, Journal Sentinel, 1 Mar. 2024 While the United States has provided the bulk of the money for the international security mission, a U.N. trust fund for other contributions has received a lackluster response, with about $11 million committed so far, and another $78 million expected soon, Mr. Dujarric said.—Declan Walsh, New York Times, 1 Mar. 2024 Rightfully so - Medicare trust fund is almost exhausted and Social Security will be exhausted by 2034.—Eleanor Dearman, Fort Worth Star-Telegram, 15 Feb. 2024 The bill, approved by the GOP-majority committee by a 22-12 vote, would ask the commission to recommend ways to balance the budget at the earliest reasonable date and to improve the long-term solvency of Medicare, Social Security and other programs paid for through trust funds.—Kevin Freking, Fortune, 19 Jan. 2024 The program’s chief actuary determined last year that the tax increases in the Social Security 2100 Act proposed by Rep. John Larson (D-Conn.) would extend the life of the trust fund to 2066.—Michael Hiltzik, Los Angeles Times, 27 Mar. 2024 The Social Security Administration warned in March 2023 that the trust funds that some 66 million Americans rely on will be depleted in 2034 (pdf), a timestamp that was moved up by one year from its previous estimate.—Rocio Fabbro, Quartz, 26 Mar. 2024 Parrinello said the super-wealthy were able to conceal their money and avoid paying hefty taxes by, for example, parking it in holding companies, trust funds or using it as collateral against loans.—Anna Cooban, CNN, 1 Mar. 2024
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'trust fund.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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