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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.

See Examples For:

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 Pritzkers of Hyatt hotel fame and the heirs to the Wrigley chewing-gum fortune both opened private trust companies in the state’s largest city, Sioux Falls.

From Washington Post Oct. 7, 2021

If you regard it as a private trust to be used for the highest good of mankind, then well and good, these will come to you.

From What All The World's A-Seeking The Vital Law of True Life, True Greatness Power and Happiness by Ralph Waldo Trine

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