/ˈspɛʃəl trʌst/ – Phrase
Definition: sở hữu tín thác được thiết lập cho mục đích có điều kiện đã được nói rõ.
A more thorough explanation: A special trust is a legal arrangement in which property or assets are held by a trustee for the benefit of specific individuals or purposes, as outlined in the trust agreement. This type of trust is distinct from a general trust, as it is created for a particular purpose or for the benefit of specific beneficiaries, rather than for general or unspecified purposes. Special trusts are governed by specific legal requirements and must be administered in accordance with the terms set out in the trust document.
Example: The attorney held the funds in a special trust account for the benefit of the client.