private trust


noun

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

Nearby words

  1. private property,
  2. private school,
  3. private secretary,
  4. private sector,
  5. private treaty,
  6. private view,
  7. private viewdata,
  8. private-equity company,
  9. private-line car,
  10. privateer

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019