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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.

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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

Last year, BlackRock launched a spot bitcoin private trust for institutional clients in the United States.

From Reuters ● Jun. 16, 2023

Makarov, the Russian billionaire, turned to Wyoming in late 2016, setting up a Wyoming trust and an unregulated private trust company to manage it, Pandora Papers documents show.

From Seattle Times ● Dec. 20, 2021

The purchase, according to a civil forfeiture complaint, was made via private trust.

From Washington Post ● Dec. 6, 2021

Scott immediately placed his whole affairs in the hands of three trustees, and by the 26th all his creditors had agreed to a private trust to which he mortgaged all his future literary labours.

From The World's Greatest Books — Volume 10 — Lives and Letters by Arthur Mee

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