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| Definitions by InvestorWords.com |
| What is...? |
| charitable remainder trust An arrangement in which property or money is donated to a charity, but the donor continues to use the property and/or receive income from it while living. The trust can be an annuity trust, which pays a fixed amount each year, or a unit trust, which pays an amount based on the value of assets held by the charity. see also charitable lead trust. |
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