follow Dictionary.com

What is the X in X-mas?

charitable trust

noun
1.
a trust designed for the benefit of the general public, as for educational or other charitable purposes (opposed to private trust).
Also called public trust.
Origin
1855-1860
1855-60
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
Examples from the web for charitable trust
  • Some of the steps include the establishment of a charitable trust and a plan of conversion.
British Dictionary definitions for charitable trust

charitable trust

noun
1.
a trust set up for the benefit of a charity that complies with the regulations of the Charity Commissioners to enable it to be exempt from paying income tax
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source

Word of the Day

Difficulty index for charitable trust

Few English speakers likely know this word

Word Value for charitable

0
19
Scrabble Words With Friends