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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 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 many ways and can specify exactly how and when the assets pass to the beneficiaries.
Mar 16, 2024 · What Is a Trust? A trust is a legal entity with separate and distinct rights, similar to a person or corporation. In a trust, a party known as a trustor gives another party,...
Feb 12, 2024 · What is a trust? A trust, sometimes called a trust fund or trust account, is a legal arrangement to ensure a person’s assets go to specific beneficiaries. The trust...
Trust definition: reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence.. See examples of TRUST used in a sentence.
trust noun (BELIEF) B2 [ U ] the belief that you can trust someone or something: a relationship based on trust and understanding. 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). take something on trust.
Trust—or the belief that someone or something can be relied on to do what they say they will—is a key element of social relationships and a foundation for cooperation.
Definition of trust noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
noun. uk / trʌst / us. trust noun (BELIEF) B2. the belief that you can trust someone or something: a marriage based on love and trust. They showed a lot of trust in me right from the beginning. Opposite. distrust.
Nov 27, 2023 · 1. Determine the Purpose of Creating the Trust. 2. Decide What Kind of Trust to Create. 3. Identify the Trustee and Beneficiaries. 4. Choose What Assets to Transfer. 5. Create the Appropriate...
