trust money

"trust money" means money held or received by a solicitor which is not client’s money and which is subject to a trust of which the solicitor is a trustee only and not a solicitor-trustee of such trust.
PU(A) 301/1990 - SOLICITORS’ ACCOUNT RULES, 1990
2. Definition.

trust money

In these Rules the expressions "trust money", "client", "client account" and "client’s money" shall have the meanings respectively assigned to them by the Solicitors’ Account Rules 1990.
PU(A) 302/1990 - ACCOUNTANT’S REPORT RULES, 1990
2. Definition.