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private trust

a trust designed for the benefit of a designated or known individual (opposed to charitable trust). Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for private trust
  • It found that the defendant abused a position of private trust through his interactions with unsophisticated investors.
  • For private trust company applications, criminal background investigations are to be performed by an independent third party.

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