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    • Join Date: Jul 2007
    • Posts: 722
    #1

    Fund vs Trust

    What is the difference between a fund and a trust?


    • Join Date: Oct 2006
    • Posts: 19,434
    #2

    Re: Fund vs Trust

    fund = a sum of money saved or made available for a purpose

    a trust = [legal] an arrangement whereby a person or persons become nominal owner of property to be held or used for the benefit of one or more others.


    • Join Date: Jul 2007
    • Posts: 722
    #3

    Re: Fund vs Trust

    But fund is also an organiza, isn;t it?


    • Join Date: Oct 2006
    • Posts: 19,434
    #4

    Re: Fund vs Trust

    No, not on its own.

    There are many kinds of funds, including trust fund, hedge fund, mutual fund, sinking fund. These are fund-raising and managing organizations.

    If you merely referred to "the fund" or "the funds", unless the context makes it clear that it is a group being discussed, the terms will be understood as referring to the money.

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