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Trust definitions
Webster's 1828 DictionaryTRUST, n. WordNet (r) 3.0 (2005)n Merriam Webster's
Britannica ConciseIn law, a relationship between parties in which one, the trustee or fiduciary, has the power to manage property, and the other, the beneficiary, has the privilege of receiving the benefits from that property. Trusts are used in a variety of contexts, most notably in family settlements and in charitable gifts. The traditional requirements of a trust are a named beneficiary and trustee, an identified property (constituting the principal of the trust), and delivery of the property to the trustee with the intent to create a trust. Trusts are often created for the sake of advantageous tax treatment (incl. exemption). A charitable trust, unlike most trusts, does not require definite beneficiaries and may exist in perpetuity. See also trust company. Oxford Reference Dictionaryn. & v. --n. 1 a a firm belief in the reliability or truth or strength etc. of a person or thing. b the state of being relied on. 2 a confident expectation. 3 a a thing or person committed to one's care. b the resulting obligation or responsibility (am in a position of trust; have fulfilled my trust). 4 a person or thing confided in (is our sole trust). 5 reliance on the truth of a statement etc. without examination. 6 commercial credit (obtained goods on trust). 7 Law a confidence placed in a person by making that person the nominal owner of property to be used for another's benefit. b the right of the latter to benefit by such property. c the property so held. d the legal relation between the holder and the property so held. 8 a a body of trustees. b an organization managed by trustees. c an organized association of several companies for the purpose of reducing or defeating competition etc., esp. one in which all or most of the stock is transferred to a central committee and shareholders lose their voting power although remaining entitled to profits. --v. 1 tr. place trust in; believe in; rely on the character or behaviour of. 2 tr. (foll. by with) allow (a person) to have or use (a thing) from confidence in its proper use (was reluctant to trust them with my books). 3 tr. (often foll. by that + clause) have faith or confidence or hope that a thing will take place (I trust you will not be late; I trust that she is recovering). 4 tr. (foll. by to) consign (a thing) to (a person) with trust. 5 tr. (foll. by for) allow credit to (a customer) for (goods). 6 intr. (foll. by in) place reliance in (we trust in you). 7 intr. (foll. by to) place (esp. undue) reliance on (shall have to trust to luck). Phrases and idioms: in trust Law held on the basis of trust (see sense 7 of n.). on trust 1 on credit. 2 on the basis of trust or confidence. take on trust accept (an assertion, claim, etc.) without evidence or investigation. trust company a company formed to act as a trustee or to deal with trusts. trust fund a fund of money etc. held in trust. trust territory a territory under the trusteeship of the United Nations or of a State designated by them. Derivatives: trustable adj. truster n. Etymology: ME troste, truste (n.) f. ON traust f. traustr strong: (v.) f. ON treysta, assim. to the noun Webster's 1913 DictionaryTrust Trust, n. 1. An equitable right or interest in property distinct from the legal ownership thereof; a use (as it existed before the Statute of Uses); also, a property interest held by one person for the benefit of another. Trusts are active, or special, express, implied, constructive, etc. In a passive trust the trustee simply has title to the trust property, while its control and management are in the beneficiary. 2. A business organization or combination consisting of a number of firms or corporations operating, and often united, under an agreement creating a trust (in sense 1), esp. one formed mainly for the purpose of regulating the supply and price of commodities, etc.; often, opprobriously, a combination formed for the purpose of controlling or monopolizing a trade, industry, or business, by doing acts in restraint or trade; as, a sugar trust. A trust may take the form of a corporation or of a body of persons or corporations acting together by mutual arrangement, as under a contract or a so-called gentlemen's agreement. When it consists of corporations it may be effected by putting a majority of their stock either in the hands of a board of trustees (whence the name trust for the combination) or by transferring a majority to a holding company. The advantages of a trust are partly due to the economies made possible in carrying on a large business, as well as the doing away with competition. In the United States severe statutes against trusts have been passed by the Federal government and in many States, with elaborate statutory definitions. Webster's 1913 DictionaryTrust Trust, n. [OE. trust, trost, Icel. traust confidence, security; akin to Dan. & Sw. tr["o]st comfort, consolation, G. trost, Goth. trausti a convention, covenant, and E. true. See True, and cf. Tryst.] 1. Assured resting of the mind on the integrity, veracity, justice, friendship, or other sound principle, of another person; confidence; reliance; reliance. ``O ever-failing trust in mortal strength!'' --Milton. Most take things upon trust. --Locke. 2. Credit given; especially, delivery of property or merchandise in reliance upon future payment; exchange without immediate receipt of an equivalent; as, to sell or buy goods on trust. 3. Assured anticipation; dependence upon something future or contingent, as if present or actual; hope; belief. ``Such trust have we through Christ.'' --2 Cor. iii. 4. His trust was with the Eternal to be deemed Equal in strength. --Milton. 4. That which is committed or intrusted to one; something received in confidence; charge; deposit. 5. The condition or obligation of one to whom anything is confided; responsible charge or office. [I] serve him truly that will put me in trust. --Shak. Reward them well, if they observe their trust. --Denham. 6. That upon which confidence is reposed; ground of reliance; hope. O Lord God, thou art my trust from my youth. --Ps. lxxi. 5. 7. (Law) An estate devised or granted in confidence that the devisee or grantee shall convey it, or dispose of the profits, at the will, or for the benefit, of another; an estate held for the use of another; a confidence respecting property reposed in one person, who is termed the trustee, for the benefit of another, who is called the cestui que trust. 8. An organization formed mainly for the purpose of regulating the supply and price of commodities, etc.; as, a sugar trust. [Cant] Syn: Confidence; belief; faith; hope; expectation. Trust deed (Law), a deed conveying property to a trustee, for some specific use. Webster's 1913 DictionaryTrust Trust, v. t. [imp. & p. p. Trusted; p. pr. & vb. n. Trusting.] [OE. trusten, trosten. See Trust, n.] 1. To place confidence in; to rely on, to confide, or repose faith, in; as, we can not trust those who have deceived us. I will never trust his word after. --Shak. He that trusts every one without reserve will at last be deceived. --Johnson. 2. To give credence to; to believe; to credit. Trust me, you look well. --Shak. 3. To hope confidently; to believe; -- usually with a phrase or infinitive clause as the object. I trust to come unto you, and speak face to face. --2 John 12. We trustwe have a good conscience. --Heb. xiii. 18. 4. to show confidence in a person by intrusting (him) with something. Whom, with your power and fortune, sir, you trust, Now to suspect is vain. --Dryden. 5. To commit, as to one's care; to intrust. Merchants were not willing to trust precious cargoes to any custody but that of a man-of-war. --Macaulay. 6. To give credit to; to sell to upon credit, or in confidence of future payment; as, merchants and manufacturers trust their customers annually with goods. 7. To risk; to venture confidently. [Beguiled] by thee to trust thee from my side. --Milton. Webster's 1913 DictionaryTrust Trust, v. i. 1. To have trust; to be credulous; to be won to confidence; to confide. More to know could not be more to trust. --Shak. 2. To be confident, as of something future; to hope. I will trust and not be afraid. --Isa. xii. 2. 3. To sell or deliver anything in reliance upon a promise of payment; to give credit. It is happier sometimes to be cheated than not to trust. --Johnson. To trust in, To trust on, to place confidence in,; to rely on; to depend. ``Trust in the Lord, and do good.'' --Ps. xxxvii. 3. ``A priest . . . on whom we trust.'' --Chaucer. Her widening streets on new foundations trust. --Dryden. To trust to or unto, to depend on; to have confidence in; to rely on. They trusted unto the liers in wait. --Judges xx. 36. Webster's 1913 DictionaryTrust Trust, a. Held in trust; as, trust property; trustmoney. Collin's Cobuild Dictionary(trusts, trusting, trusted) Frequency: The word is one of the 1500 most common words in English. 1. If you trust someone, you believe that they are honest and sincere and will not deliberately do anything to harm you. 'I trust you completely,' he said... He did argue in a general way that the president can't be trusted. VERB: V n, V n • trusted After speaking to a group of her most trusted advisers, she turned her anger into action. ADJ: ADJ n 2. Your trust in someone is your belief that they are honest and sincere and will not deliberately do anything to harm you. He destroyed me and my trust in men... You've betrayed their trust... There's a feeling of warmth and trust here. N-UNCOUNT: oft poss N in n 3. If you trust someone to do something, you believe that they will do it. That's why I must trust you to keep this secret... VERB: V n to-inf 4. If you trust someone with something important or valuable, you allow them to look after it or deal with it. This could make your superiors hesitate to trust you with major responsibilities... I'd trust him with my life. VERB: V n with n, V n with n • Trust is also a noun. She was organizing and running a large household, a position of trust which was generously paid... N-UNCOUNT: also a N 5. If you do not trust something, you feel that it is not safe or reliable. She nodded, not trusting her own voice... For one thing, he didn't trust his legs to hold him up... I still can't trust myself to remain composed in their presence. VERB: V n, V n to-inf, V pron-refl to-inf 6. If you trust someone's judgment or advice, you believe that it is good or right. I blame myself and will never be able to trust my instinct again. VERB: V n 7. If you say you trust that something is true, you mean you hope and expect that it is true. (FORMAL) I trust you will take the earliest opportunity to make a full apology... VERB: V that 8. If you trust in someone or something, you believe strongly in them, and do not doubt their powers or their good intentions. (FORMAL) He was a pastor who trusted in the Lord who lived to preach. VERB: V in n 9. A trust is a financial arrangement in which a group of people or an organization keeps and invests money for someone. The money will be put in trust until she is 18. N-COUNT: also in N 10. A trust is a group of people or an organization that has control of an amount of money or property and invests it on behalf of other people or as a charity. He had set up two charitable trusts... N-COUNT: supp N, oft in names 11. In Britain, a trust or a trust hospital is a public hospital that receives its funding directly from the national government. It has its own board of governors and is not controlled by the local health authority. N-COUNT: supp N, N n 12. see also trusting, unit trust 13. If something valuable is kept in trust, it is held and protected by a group of people or an organization on behalf of other people. The British Library holds its collection in trust for the nation... PHRASE: PHR after v, v-link PHR, oft PHR for n 14. If you take something on trust after having heard or read it, you believe it completely without checking it. He was adamant that the allegations were untrue, so I took him on trust. PHRASE: V inflects 15. tried and trusted: see tried Soule's Dictionary of English Synonyms
Foolish DictionaryA small body of capital entirely surrounded by water. Moby ThesaurusAktiengesellschaft, absolute interest, accept, accept for gospel, accept implicitly, acceptation, acception, acquiescence, agency, agentship, aktiebolag, arrogance, aspiration, aspire to, assign, assignment, assumption, assurance, assured faith, assuredness, authority, authorization, bank credit, bank on, be certain, belief, believe, believe in, believe without reservation, benefit, body corporate, book credit, borrowing power, brevet, business, business establishment, buy, care, carry, cartel, cash credit, certainty, certitude, chain, chamber of commerce, charge, cheerful expectation, claim, closed-end investment company, cocksureness, combine, commend, commercial credit, commercial enterprise, commission, commissioning, commit, commitment, common, compagnie, company, concern, confide, confide in, confidence, confidentness, conglomerate, conglomerate corporation, consign, consignment, consolidating company, consortium, consumer credit, contingent interest, conviction, copartnership, corporate body, corporation, count on, courage, credence, credibility, credit, credit insurance, credit rating, credit union, credulity, cure, custody, deem trustworthy, delegate, delegated authority, delegation, depend on, dependability, dependence, deputation, depute, desire, devolution, devolvement, diversified corporation, doomed hope, easement, embassy, empower, empowerment, enfeoff, enterprise, entrust, entrusting, entrustment, equitable interest, equity, errand, estate, executorship, exequatur, expect, expectation, extend credit, factorship, fair prospect, faith, feel confident, fervent hope, firm, full power, give, give credit, give faith to, give in charge, give in trust, give tick, good cheer, good hope, great expectations, group, growth fund, guardianship, hand over, harbor the hope, have confidence in, have faith in, high hopes, hire purchase plan, holding, holding company, hope, hope against hope, hope and pray, hope for, hope in, hope to God, hopeful prognosis, hopefulness, hopes, hoping, hoping against hope, house, hubris, industry, infeudate, installment credit, installment plan, interest, investment company, investment credit, investment trust, joint-stock association, joint-stock company, jurisdiction, keeping, lean upon, legation, license, lieutenancy, limitation, line of credit, live in hopes, load fund, mandate, mission, monopoly, mutual fund, never-never, no-load fund, nurture the hope, office, operating company, overconfidence, oversureness, overweening, overweeningness, part, partnership, percentage, place confidence in, place reliance in, plenipotentiary power, plunderbund, poise, pomposity, pool, positiveness, power of attorney, power to act, prayerful hope, presume, presumption, pride, procuration, promise, prospect, prospects, protection, proxy, public utility, purview, put faith in, put trust in, rating, receive, reception, regency, regentship, relegate, reliability, reliance, reliance on, rely on, rely upon, remand, remit, repose, repose confidence in, repose in, responsibility, rest assured, rest in, right, right of entry, safekeeping, sanguine expectation, security, self-assurance, self-confidence, self-importance, self-reliance, sell on credit, set store by, settled belief, settlement, stake, stock, stock company, store, strict settlement, subjective certainty, sureness, surety, suspension of disbelief, swallow, syndicate, take for granted, take on faith, take on trust, take stock in, task, tax credit, think reliable, tick, title, trade association, trust implicitly, trust in, trusteeship, trustworthiness, use, utility, vested interest, vicarious authority, ward, warrant, well-grounded hope |