Trust Fund (Noun)
Meaning
A fund held in trust.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The wealthy family set up a trust fund for their children to ensure they would be financially secure in the future.
- She was able to pursue her passion for art thanks to the trust fund her grandparents had established for her.
- The trust fund was created to support the education and well-being of underprivileged children in the community.
- After his death, the businessman's estate was placed in a trust fund to be managed by his lawyers.
- The charity relied on donations to its trust fund to continue providing aid to those in need.