private trust

noun

1. a trust designed for the benefit of a designated or known individual ( charitable trust ).

Example Sentences

Last year, BlackRock launched a spot bitcoin private trust for institutional clients in the United States.

From Reuters

Trump's lawsuit against the New York attorney general in Florida was regarded by legal scholars as a bad-faith delay tactic, as he sought to block her office from accessing materials from his private trust.

From Salon

The judge warned against continuing the case against New York Attorney General Letitia James and turned down Trump's attempt to get emergency relief to stop James from seeking materials from his private trust.

From Salon

In June, Costa Rica's elections court announced findings from probe into the campaign, which it said was backed by a "dark financing scheme" with money channeled from companies and foreigners through a private trust managed by now-Foreign Minister Arnoldo Andre.

From Reuters

That probe found that Chaves' campaign was backed by what the investigation described as a "dark financing scheme," with money funneled from companies and foreigners through a private trust managed by current Foreign Minister Arnoldo Andre.

From Reuters