Meaning of “trust fund” in the English Dictionary

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"trust fund" in British English

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trust fundnoun [ C ]

uk /ˈtrʌst ˌfʌnd/ us /ˈtrʌst ˌfʌnd/

an amount of money that is being controlled for a person or organization by another person or organization:

There are some tax advantages in setting up a trust fund for each of your children.

(Definition of “trust fund” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"trust fund" in Business English

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trust fundnoun [ C ]

uk us FINANCE

an amount of money, property, etc. that is kept and managed for someone by another person or organization:

They set up a trust fund in her name to be handed over when she became 18.

(Definition of “trust fund” from the Cambridge Business English Dictionary © Cambridge University Press)

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