trust

Definition 1

A legal arrangement in which an individual (the trustor) gives fiduciary control of property to a person or institution (the trustee) for the benefit of beneficiaries.

Definition 2

A monopolistic corporation, prior to the enactment of antitrust laws.

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Related Terms

real estate investment trust, alternative minimum tax, Bank Trust Department, blind trust, breach of trust, bypass trust, revocable trust, irrevocable trust, cartel, charitable remainder trust, charitable lead trust, investment trust, collateral trust certificate, fiduciary, corporate trust, deed of trust, depository trust company, discretionary trust, inter vivos trust, ESOP, equitable owner, estate planning, fiscal agent, Generation-Skipping Transfer, Ginnie Mae trust, grantor, individual policy pension trust, nondiscretionary trust, power of appointment, REIT, revisionary trust, testamentary trust, Uniform Gift to Minors Act, unit investment trust, voting trust

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