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trust

trust

283 6.8
An arrangement where one person holds property for another person's benefit
  • noun
  • /trʌst/
  • Specialized
: fideicomiso
  • My parents left me a trust.
  • trust fund
  • held in trust
  • property in trust

Like you set up a trust and a foundation.

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Examples

  • The Trust will ensure the gardens in perpetuity and you will have a yearly income and control of the gardens.

  • And after I die, the trust will pay my child an income.

  • And if you put the money into a trust, it will come back.

  • And so now the family bank, the family trust is growing over time.

  • One of his daughters had actually sued her grandparents trying to get at the money in that trust.

  • As Mr Biederman's only heir, you're entitled to the entire trust.

  • In a trust, the money is managed by a trustee for the benefit of the beneficiaries.

  • After her passing, the family trust ensured that her children received financial support.

  • The lawyer explained the details of the trust to ensure the beneficiaries understood their rights.

Synonyms

trust fund
vstrust
  • Specialized
105 3.7

Money or property kept and managed by someone for another person's use

is the general legal arrangement of holding assets for beneficiaries
public trust
vstrust
  • Formal
13 4.9

A legal plan that holds money and property to help many people, for example a school or museum

is the general arrangement that can also serve private beneficiaries
blind trust
vstrust
  • Specialized
6 5.8

A way to give money or property to someone else who manages it without the owner's knowledge

is the general holding that does not force the owner to give up information
trust account
vstrust
  • Specialized
5 4.4

A bank account where one person holds and manages money for another person who will get it later

is the broader legal arrangement beyond just bank accounts
charitable trust
vstrust
  • Specialized
4 5.1

A legal arrangement that holds money or property to support charities and public causes, not for private profit

is a general legal vehicle that can serve private as well as public beneficiaries
living trust
vstrust
  • Specialized
3 6.0

A legal plan that lets you keep control of your money and property while alive and avoid court after death

is a legal arrangement that can exist during life or after death
grantor trust
vstrust
  • Specialized
1 9.7

An arrangement where the person who creates it keeps control and pays tax on the income it earns

is a general holding arrangement that does not require retention of creator powers
discretionary trust
vstrust
  • Specialized
1 7.8

A legal plan where a person in charge decides how much money each named person receives

is the general arrangement which may or may not give such payment choice
unit trust
vstrust
  • UK
1 6.0

A managed fund that puts many people's money together to buy different investments

is the general arrangement not only for pooled investment funds
testamentary trust
vstrust
  • Formal
1 9.6

A plan made in a will that holds and manages money or property after someone dies

is the broader arrangement that need not wait until death to operate
savings account trust
vstrust
  • Specialized
1 6.1

A bank savings account you control now that gives the money to a named person after your death

is the broader legal arrangement beyond a single bank product
trustee account
vstrust
  • Formal
1 7.5

A savings account where one person manages money for someone who gets it when the account holder dies

is the wider legal setup of holding assets for beneficiaries
spendthrift trust
vstrust
  • Formal
1 9.9

A legal plan that gives someone money but keeps others in charge to protect the money from their debts

is the general arrangement without special rules to shield assets
voting trust
vstrust
  • Specialized
1 7.1

An agreement where shareholders give their right to vote to other people but keep their shares

is the general arrangement focused on asset holding rather than mere voting control
savings bank trust
vstrust
  • Formal
1 7.4

A bank account where one person keeps and controls money for a named person who receives it after their death

is the general legal arrangement that covers diverse asset forms
Totten trust
vstrust
  • Formal
1 9.1

A bank account set up so the money goes to a named person when the owner dies

is a broader arrangement not limited to payable on death accounts
express trust
vstrust
  • Formal
7.0

An agreement people make on purpose to hold and manage money or property for someone, usually written down

is the general form that may arise in other ways besides written creation
active trust
vstrust
  • Formal
7.3

A way of holding property where the person in charge must manage it and act for the people who benefit

is the general holding setup that may not impose active duties
passive trust
vstrust
  • Formal
8.0

A legal arrangement where someone holds property for another without any duties

is the general arrangement that can include active management instead of passive holding

Idioms

Believe someone can make good decisions

Believe in planned steps even when results are not clear

Act on a feeling that something is right without checking facts

Compounds

trust fund
  • Specialized
105 3.7

Money or property kept and managed by someone for another person's use

brain trust
  • Literature
13 5.6

A group of expert advisors who help a leader, often unofficially in politics

public trust
  • Formal
13 4.9

A legal plan that holds money and property to help many people, for example a school or museum

blind trust
  • Specialized
6 5.8

A way to give money or property to someone else who manages it without the owner's knowledge

6 4.1

A loss of confidence in someone because they lie or break promises

trust account
  • Specialized
5 4.4

A bank account where one person holds and manages money for another person who will get it later

To break the trust someone gives you by acting dishonestly or failing a duty

charitable trust
  • Specialized
4 5.1

A legal arrangement that holds money or property to support charities and public causes, not for private profit

4 5.1

A company that sells shares and invests the money in many other companies

living trust
  • Specialized
3 6.0

A legal plan that lets you keep control of your money and property while alive and avoid court after death

A strong lasting relationship where people trust each other

3 3.9

A company that owns buildings or land that make money and sells shares to investors

deed of trust
  • Formal
2 8.4

A document that gives a person control of property to make sure a home loan is repaid

An activity where people learn to depend on each other

trust company
  • Specialized
1 5.3

A company that manages money and property for people or groups, including estates after death

A British charity that looks after old houses, gardens, and the countryside

trust territory
  • Archaic
1 8.1

A territory run by another country under an international agreement, often supervised by the United Nations

Open honest communication that creates confidence between people or groups

1 9.2

A trust made while the owner is alive to manage money or property for other people

trust busting
  • Archaic
1 6.3

Government actions to break up very large companies that control a market

grantor trust
  • Specialized
1 9.7

An arrangement where the person who creates it keeps control and pays tax on the income it earns

trust deed
  • Specialized
1 7.1

A document that gives property to a trustee as security for a loan

trust corporation
  • Specialized
1 6.3

A company, often a bank, that manages money and property for other people

discretionary trust
  • Specialized
1 7.8

A legal plan where a person in charge decides how much money each named person receives

corporate trust
  • Archaic
1 6.9

A group of companies that join to control prices and limit competition

1 6.0

A managed fund that puts many people's money together to buy different investments

1 9.6

A plan made in a will that holds and manages money or property after someone dies

savings account trust
  • Specialized
1 6.1

A bank savings account you control now that gives the money to a named person after your death

implied trust
  • Formal
1 8.1

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

unit investment trust
  • Specialized
1 7.2

A company that pools money to buy a set of stocks and bonds, with shares investors can sell back

direct trust
  • Formal
1 6.7

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

1 9.9

A legal plan that gives someone money but keeps others in charge to protect the money from their debts

voting trust
  • Specialized
1 7.1

An agreement where shareholders give their right to vote to other people but keep their shares

1 8.6

A court order that makes someone give property back to a person wronged

1 7.4

A bank account where one person keeps and controls money for a named person who receives it after their death

1 8.3

A fund that keeps the same stocks or bonds selected at the start

Totten trust
  • Formal
1 9.1

A bank account set up so the money goes to a named person when the owner dies

A crime of illegally taking money or things someone gave you to look after and keeping them for yourself

Clifford trust
  • Specialized
9.9

A legal arrangement giving income to someone taxed less than the giver for at least ten years

active trust
  • Formal
7.3

A way of holding property where the person in charge must manage it and act for the people who benefit

express trust
  • Formal
7.0

An agreement people make on purpose to hold and manage money or property for someone, usually written down

involuntary trust
  • Specialized
9.9

A court decision giving property to someone who unjustly lost it

An investment that must hold only the stocks and bonds chosen when it was set up

resulting trust
  • Specialized
9.8

A court order making one person hold property for another when they meant to but did not make it legal

passive trust
  • Formal
8.0

A legal arrangement where someone holds property for another without any duties

How Wealthy

endowment
  • Formal
68 6.5
trust
  • Specialized
283 6.8
foundation
658 3.6
charity
364 1.3

Surface Forms

trust singular
trusts plural

Etymology

The word trust for a legal arrangement comes from the idea of giving property to someone to 'hold' for another, a role later called a trustee. That's why a trust is property kept safely for someone else.