charitable trust

WordReference Random House Unabridged Dictionary of American English © 2026

char′itable trust′, 

1. Banking, Business a trust designed for the benefit of the general public, as for educational or other charitable purposes (opposed to private trust). Also called public trust. 

• 1855–60

Collins Concise English Dictionary © HarperCollins Publishers::

charitable trust noun

1. a trust set up for the benefit of a charity that complies with the regulations of the Charity Commissioners to enable it to be exempt from paying income tax