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Trust fund
TRUST FUND

Definition: Money that is controlled for somebody by an organization or a group of people.
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* All eight elements would be in.


1. Purposeful and necessary.

2. There is a legal framework for arrangement.

3. Controllers are 'professionals', in the way that money is managed.

4. Fund managers are committed, honest and true, ... whatever their qualifications.

5. Controllers of fund are not paid for services rendered, from the particular 'portfolio', unless this is agreed or stated in a contract.

6. Access to part or all of funds, whenever desired, will not be restricted or made difficult for 'owners'.

7. Arrangement is sustained or sustainable for period of time desired.

8. Control serves purpose(s), without a loss for owner. That is, holding appreciates from the way it is managed by the trustee.
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See perfect TRUSTWORTHINESS.

See perfect RELIABILITY.




Quote: "Trust because you are willing to accept the risk not because it's safe or certain". - Anonymous.

Quote: "We have to defeat pessimism and embrace our common economic future with optimism in order to bring about the change that we desire". - Robert Orya.

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