trust fund

• Eine rechtliche und finanzielle Vereinbarung, bei der Vermögenswerte (wie Geld, Immobilien oder Investitionen) von einer Person (dem Treuhänder) zugunsten einer anderen Person (dem Begünstigten) gehalten werden, oft eingerichtet, um langfristige finanzielle Unterstützung zu gewährleisten oder Vermögen über Generationen zu verwalten.

A legal and financial arrangement where assets (such as money, property, or investments) are held by one person (the trustee) for the benefit of another person (the beneficiary), often established to provide long-term financial support or to manage wealth across generations.

1. Financial arrangementB2formal

   A legal arrangement where assets (money, property, etc.) are held by a trustee for the benefit of another person (the beneficiary).

   Treuhandfonds

   • She inherited a large trust fund from her grandfather.
   • The trust fund will pay for his education expenses.
   • They set up a trust fund for their children's future.

2. Wealthy backgroundB2informal

   Used informally to describe someone who comes from a wealthy family and does not need to work for money.

   Wohlhabende Herkunft

   • He's a trust fund kid who never had to worry about bills.
   • She lives off her trust fund and travels the world.
   • Many trust fund babies start their own businesses.