MLchartDataset catalogue

Trust fund

Term · Insurance and risk management · MLC-T-INS-003385

A legal entity holding assets that are managed by a trustee for the benefit of one or more beneficiaries. In insurance, trust funds are often established to hold reserves for self-insured entities, captive insurance companies, or to pay claims for certain types of liabilities. The assets are legally separated from the trustee's personal assets.

Table 1. Record
IdentifierMLC-T-INS-003385
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003385",
  "term": "Trust fund",
  "field": "Insurance and risk management",
  "definition": "A legal entity holding assets that are managed by a trustee for the benefit of one or more beneficiaries. In insurance, trust funds are often established to hold reserves for self-insured entities, captive insurance companies, or to pay claims for certain types of liabilities. The assets are legally separated from the trustee's personal assets.",
  "url": "https://mlchart.com/terminology/insurance/trust-fund/"
}

Record 3,519 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.