905,724,262 visitors served.
905,724,262 visitors served. |
|
 Dictionary/ thesaurus |  Medical dictionary |  Legal dictionary |  Financial dictionary |  Acronyms |  Idioms |  Encyclopedia |  Wikipedia encyclopedia | ? |
trust fund |
Also found in: Dictionary/thesaurus, Legal, Wikipedia | 0.06 sec. |
trust fundProperty (e.g, money or securities) held in a trust; that is, property held legally by one party (the legal owner) for the benefit of another party (the equitable owner). The legal owner, or trustee, has the right of possession and the right of use of the property, but must exercise those rights to the benefit of the equitable owner, or beneficiary. In Anglo-American law, trust funds are set up principally for family settlements and for charitable giving. In the commercial sector, trust funds are often set up to provide for employee pensions and profit-sharing programs. |
|
? Mentioned in | ? References in periodicals archive | ||
|---|---|---|---|
| 8 million of their hard-won waterway trust fund monies hijacked to shore up the state's budget, but there was little they could do to stop it. On the same day, Letter 1153, Notice of Proposed Assessment, was issued and mailed by certified mail to all of the officers listed on Form 4183, Recommendation of Assertion of Trust Fund Penalty, as responsible for the penalty. That's only enough to hire five of the 1,740 new officers the public safety trust fund is supposed to pay for. |
 |
| Free Tools: |
For surfers:
Browser extension |
Word of the Day |
Help
For webmasters: Free content NEW! | Linking | Lookup box | Double-click lookup | Partner with us |
|
|---|
Disclaimer |
Privacy policy |
Feedback | Copyright © 2008 Farlex, Inc.
Printer friendly
Cite / link
Email
Feedback
trust fund
