A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries.
Trusts can be arranged in may ways and can specify exactly how and.
A trust, sometimes called a trust fund or trust account, is a legal arrangement to ensure a person's assets go to specific beneficiaries.
Reliance on the integrity, strength, ability, surety, etc. , of a person or thing;
See examples of trust used in a sentence.
The meaning of trust is assured reliance on the character, ability, strength, or truth of someone or something.
How to use trust in a sentence.
We were obviously wrong to put our trust in her.
He's in a position of trust (= a position with responsibilities, especially to the public).
A trust is a form of division of property rights and a fiduciary relationship, in which ownership of assets goes to a third party, known as a trustee, and the beneficial enjoyment goes to the beneficiary.