charitable trust
noun
a trust designed for the benefit of the general public, as for educational or other charitable purposes (opposed to private trust).
Nearby words
charisma, charismatic, charismatic movement, charismatize, charitable, charitable trust, charites, charity, charity begins at home, charity commissioners, charity school
Origin of charitable trust
First recorded in 1855–60
Also called public trust.
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for charitable trust
charitable trust
noun
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
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