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Legal Dictionary

trust fund

Definition of trust fund

Noun

trust fund (plural trust funds)

  1. (law) Property held by a trustee in a trust established by a grantor for a beneficiary.
  2. Loosely, a substantial inheritance of money.

Derived terms

  • trust fund baby

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



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