A trust fund is a fund held in a trust by a trustee or trust company; a legal entity that holds property or assets for the benefit of another (the beneficiary).
[Last updated in August of 2021 by the Wex Definitions Team]
A trust fund is a fund held in a trust by a trustee or trust company; a legal entity that holds property or assets for the benefit of another (the beneficiary).
[Last updated in August of 2021 by the Wex Definitions Team]