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charitable trust

 

Definitions from WordNet

Noun charitable trust has 1 sense
  1. charitable trust, public trust - a trust created for charitable or religious or educational or scientific purposes
    --1 is a kind of trust

Definitions from the Web

Charitable Trust

Definition:

A charitable trust is a legal entity created to hold and manage assets for the benefit of an organization or cause that serves the public interest.

Parts of Speech:

Noun

Senses:

1. A trust fund established to provide financial support to a charitable organization or cause.

2. The legal arrangement of assets for charitable purposes.

Usages:

1. She set up a charitable trust to support education in underprivileged communities.

2. The charitable trust aims to provide medical assistance to children in need.

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