trust fund


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trust fund

n. the principal (called the corpus) of a trust made up of its assets and, sometimes, accumulated profits. (See: trust)

References in periodicals archive ?
He added that, although the funding was extremely welcome, the Trust Fund remained under-capitalized and needed additional contributions to support trafficking victims.
The operating gain is the first the trust fund has generated since 2007.
Thus, [the IC] has ordered Provident Plans to submit a concrete plan and letter of intent from its proposed investor or to cover up its capital impairment and trust fund deficiencies within 60 days from receipt of the directive dated April 12, or until June 17.
Trust fund status is also a defense to a preference claim.
The Social Security Trust Fund and the Level of Federal Debt
This month, a Child Trust Fund Cymru information booklet and claim form will be posted to the households of every eligible child in Cardiff.
Categories: May 6, 2010, Compensation, Employment, Federal Unemployment Tax Act tax, Federal/state relations, Income maintenance programs, Public assistance programs, Rates, Risk factors, Statistical data, Trust funds, Unemployment compensation programs, Unemployment insurance, Unemployment insurance benefits, Unemployment Insurance Trust Fund, Unemployment rates
Trust fund taxes are among the largest portions of the taxes collected by state and federal governments.
The IRS must send a 60-day notice of proposed assessment (Letter 1153) before making notice and demand for payment of the trust fund recovery penalty.
More importantly, Garcetti said, the trust fund created a transparent, point-based system to award funds, which took politics and influence out of the selection process.
A little more than a month after the Battery Park City Authority voted to approve the Housing Trust Fund we are asking affordable housing developers to apply for funds," said HPD Commissioner Shaun Donovan.
Under some projections the trust fund will peak in 2021 and be entirely depleted by 2031.