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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

“Keep it in the family,” Frontier Administrative Services in Jackson posted on its website, which noted that it serves dozens of private trust companies.

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

The property was duly secured by a private trust in behalf of the nation.

From Shakespeare and the Modern Stage with Other Essays by Lee, Sidney, Sir