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Trust fund   /trəst fənd/   Listen
Trust fund

noun
1.
A fund held in trust.






WordNet 3.0 © 2010 Princeton University








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"Trust fund" Quotes from Famous Books



... in having post-office deposit banks. We offered to take the actual savings of each workman, up to two thousand dollars, and pay six per cent interest upon them, to encourage thrift. Their money was kept separate from the business, in a trust fund, and lent to such as wished to build homes for themselves. I consider this one of the best things that can be done for the ...
— Autobiography of Andrew Carnegie • Andrew Carnegie

... bait in this particular operation was a "trust fund" established for the benefit of stockholders. The proceeds of the better-paying mines were to be applied to pay dividends for those which were less successful. In this way, the various directors of the many Douglas-Lacey Companies explained, ...
— Stories from Everybody's Magazine • 1910 issues of Everybody's Magazine



Words linked to "Trust fund" :   monetary fund, fund



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