Trust
Definition of Trust
| n. | 1. | Assured resting of the mind on the integrity, veracity, justice, friendship, or other sound principle, of another person; confidence; reliance; reliance. | | 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. | | 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. | | 6. | That upon which confidence is reposed; ground of reliance; hope. | | 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 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. | | 9. | 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. | | a. | 1. | Held in trust; as, trust property; trustmoney. | | v. t. | 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. | | 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.We trustwe have a good conscience. - Heb. xiii. 18. | | 4. | to show confidence in a person by intrusting (him) with something. | | 5. | To commit, as to one's care; to intrust. | | 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. | | 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. |
Related Words
Aktiengesellschaft, 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 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, 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, credibility, 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, entrusting, entrustment, equitable interest, equity, errand, estate, executorship, exequatur, expect, expectation, extend credit, factorship, fair prospect, 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 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 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
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