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 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.
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.
A trust, sometimes called a trust fund or trust account, is a legal arrangement to ensure a person's assets go to specific beneficiaries.
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).
Reliance on the integrity, strength, ability, surety, etc. , of a person or thing;
See examples of trust used in a sentence.