implied trust
- noun
- Formal
:
fideicomiso implícito
- In many legal cases, there is an implied trust that both parties will act in good faith during negotiations.
Examples
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When you lend someone money, there is an implied trust that they will repay you as promised.
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By breaking the implied trust that should have been the foundation of their working relationship, he may have caused considerable harm to a young woman's psyche (not to mention all the other harm that was done).
Blog text (18) -
An implied trust is established between the contractor and the homeowner, ensuring that the work will be completed to a satisfactory standard.
Antonyms
- Formal
An agreement people make on purpose to hold and manage money or property for someone, usually written down
Surface Forms
Morphology
A B1 learner who knows 'imply' (to suggest or indicate indirectly) and 'trust' (a legal arrangement) can infer that an 'implied trust' is a trust that is suggested or inferred rather than expressly stated. However, the precise legal nuance — that the trust is created by law based on presumed intentions rather than by an express declaration — is technical and not fully predictable from the words alone, so it is only partially transparent.
Etymology
Implied trust comes from the image of someone giving property to another person without a written agreement, so their actions show a promise even though they did not say it. The court 'implies' the trust from those actions, so the phrase means a trust made by law from what people did rather than from words on paper.
