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private trust
private trust private trust trust

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private trust UK US noun [C]
FINANCE, LAW a legal arrangement in which you give a person or organization the right to manage your money for the person or group of people that you have chosen to receive the money: create/set up a private trust »

We can advise you on the benefits of creating a private trust to protect your family's wealth for the next generation.

Compare PUBLIC TRUST(Cf. ↑public trust)

Financial and business terms. 2012.