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trust fund

noun

  1. money, securities, property, etc., held in trust.
  2. a government fund administered separately from other funds and used for a specified purpose:

    a highway trust fund.



trust fund

noun

  1. money, securities, etc, held in trust
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of trust fund1

First recorded in 1860–65
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Example Sentences

I didn’t want to have to become a businessperson, but that is what — without a sugar daddy or a trust fund, and outside the confines of academia — being an artist does to you.

From Salon

Revenue from those taxes helps to shore up the Social Security and Medicare trust funds, which are dwindling.

The issue: The trust fund that pays Social Security benefits to retirees is projected to be depleted by 2033, according to the Congressional Budget Office.

Newsom vetoed a similar bill last year, saying that expanding benefits would make the unemployment trust fund “vulnerable to insolvency.”

He said, ‘Well, the only one that it affects is you and you're retiring. So we don't have to spend the money on attorneys to get the trust funds to put it in place.’

From Salon

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