Meaning Of The Word Charitable trust

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Charitable trust Meaning

Charitable trust Definition
Charitable trust Definition

What's The Definition Of Charitable trust?

charitable trust in American English
noun: a trust designed for the benefit of the general public, as for educational or other charitable purposes (opposed to private trust)

charitable trust in British English
noun: 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

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