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charitable trust

a trust designed for the benefit of the general public, as for educational or other charitable purposes (opposed to private trust).
Also called public trust.
Origin of charitable trust
First recorded in 1855-60 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for charitable trust
Historical Examples
  • He rarely declined, if the object were a good one, taking the chair at a public meeting, or accepting a charitable trust.

    Yesterdays with Authors James T. Fields
  • We are, therefore, driven to consider the full objects of the charitable trust under discussion.

British Dictionary definitions for charitable trust

charitable trust

a trust set up for the benefit of a charity that complies with the regulations of the Charity Commissioners to enable it to be exempt from paying income tax
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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