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express trust

express trust

7.0
An agreement people make on purpose to hold and manage money or property for someone, usually written down
  • noun
  • Formal
translation icon : fideicomiso expreso
  • An express trust can be established through a written document.

Examples

  • The will established an express trust for the benefit of the grandchildren.

  • The court upheld the terms of the express trust as they were explicitly stated in the deed.

  • An express trust must be clearly documented to ensure the settlor’s intentions are carried out.

  • Many people choose to create an express trust for their children.

  • An express trust must be clearly documented to ensure the settlor’s intentions are carried out.

  • The court upheld the terms of the express trust as they were explicitly stated in the deed.

  • The will established an express trust for the benefit of the grandchildren.

Synonyms

direct trust
vsexpress trust
  • Formal
6.7

An arrangement set up by people on purpose, often in writing, to control money and property

is usually made by the parties and recorded in written documents

Antonyms

implied trust
  • Formal
8.1

A legal right to property that the law finds from people's actions when none was written

Surface Forms

express trust singular

Morphology

express + trust

The noun combines the adjective 'express' (explicitly or clearly stated) with 'trust' (a legal arrangement), so its meaning — a trust that is intentionally and explicitly created or documented — is directly inferable from the constituents. Although it is a legal technical term, the adjective+noun composition is transparent and common across languages, so a B1 learner who knows both words would likely understand the intended meaning.

Etymology

The noun express trust comes from the word express, which means 'clearly said or written', and trust, meaning someone holding property or money for another person. So an express trust is a trust 'made on purpose' and usually written down.