Akademik

public trust
public trust public trust ➔ trust

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public trust UK US noun [C]
► an organization that manages money for a particular charity or group of people who are poor or in need of help: »

The library is a public trust, funded by the taxpayer.

→ Compare PRIVATE TRUST(Cf. ↑private trust)
→ See also CHARITABLE TRUST(Cf. ↑charitable trust)

Financial and business terms. 2012.