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private trust

American  

noun

  1. a trust designed for the benefit of a designated or known individual (opposed to charitable trust).


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The funds, raised by a private trust, includes $24m for a housing fund and $60m for a cultural preservation fund focused on "reducing blight".

From BBC • Jun. 2, 2025

After Hitler departed, Schacht asked the other attendees to deposit as much money as they could into his private trust, which the Nazis could use however they liked heading into the March 5 election.

From Salon • Apr. 5, 2025

BlackRock Inc , the world's biggest asset manager, has launched a spot bitcoin private trust for institutional clients in the United States, according to a blog post on its website.

From Reuters • Aug. 12, 2022

Unregulated private trust companies operate outside the supervision of the state and provide an even higher degree of secrecy.

From Seattle Times • Dec. 20, 2021

Had they at least been doing all they could? he asked himself anxiously, vowing that no public campaign must or should distract him from a private trust much older than it, and no less sacred.

From The Case of Richard Meynell by Ward, Humphry, Mrs.

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