1 definition by Kelly Naomi C.
A child or young adult that are considered widely privileged and wealthy, due to the fact that all their expenses are paid for by their parents.
Friend: Man, how can she afford that nice car without a job?
You: She's a trust fund baby, dude. Her parents probably paid for the car AND the insurance.
You: She's a trust fund baby, dude. Her parents probably paid for the car AND the insurance.
by Kelly Naomi C. August 18, 2010