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trust

 
/trʌst/ n [C/U] (ARRANGEMENT) social studies

Definition

a legal arrangement in which a person or organization controls property or money for the benefit of another person or organization: [U] The money is being held in trust for her until she turns 21. A trust is also a group of people or organizations that controls property or money for its own benefit, or the property or money controlled by the group: [C] The danger of trusts is that they can become very powerful.
(Definition of trust n (ARRANGEMENT) from the Cambridge Academic Content Dictionary © Cambridge University Press)

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