joint welfare fundglossary / joint-welfare fund A fund that is established in collective bargaining to provide health and welfare benefits to union employees.• The fund is jointly managed by labor and management representatives. — Also termed Taft–Hartley fund. 词条贡献者 译员William,毕业于欧洲顶尖的高级翻译学院,专注翻译各种与区块链技术与数字货币有关的法律文件。