Fund vs Trust

[belly_ttt]

What is the difference between a fund and a trust?

 

[Anglika]

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.

 

[belly_ttt]

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

 

[Anglika]

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.