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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

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

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 Trine, Ralph Waldo

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