1
Law::
endowments ( : something that is endowed; specif : the portion of an institution’s income usu in the form of dividends from invested fund that is derived from donations) • trust fund (: a fund held by a trustee for the specific purposes of the trust; in a more general sense, a fund which legally or equitably, is subject to a particular purpose and cannot or should not be diverted therefrom. In this sense it is often said that the assets of a corporation are a “trust fund” for the payment of its debts.)
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