private trust Meaning in the Cambridge English Dictionary

Meaning of “private trust” in the English Dictionary

"private trust" in Business English

See all translations

private trustnoun [C]

uk   us  
FINANCE, LAW a ​legalarrangement 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 ​privatetrust to ​protect your family's ​wealth for the next ​generation.
(Definition of private trust from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of private trust?
Add Cambridge dictionaries to your browser to your website

“private trust” in Business English

Word of the Day


to get knowledge or skill in a new subject or activity

Word of the Day

Tree huggers and climate change deniers
Tree huggers and climate change deniers
by Colin McIntosh,
October 08, 2015
The climate debate is one that has predictably generated a large amount of new vocabulary, some of it originally specialized scientific terminology that has been taken up by the media and is now common currency. Some of these terms are new additions to the Cambridge English Dictionary. The two opposing sides in

Read More 

face training noun
face training noun
October 05, 2015
a system of facial exercises designed to tone the facial muscles and improve the skin

Read More