Public Trust (Noun)
Meaning
A trust created for charitable or religious or educational or scientific purposes.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The university was established as a public trust to provide education to the community.
- The hospital was founded as a public trust to provide medical care to the poor and needy.
- The museum was created as a public trust to preserve and showcase the city's cultural heritage.
- The research institute was established as a public trust to promote scientific knowledge and innovation.
- The charity was set up as a public trust to support disadvantaged children and families.