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property held in trust

См. также в других словарях:

  • held in trust — Property in the possession of a trustee; property in the possession of, one other than the owner, such as an agent, bailee, factor, etc., who must account to the owner for the property or the proceeds thereof. As used in fire insurance policies,… …   Ballentine's law dictionary

  • trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… …   Law dictionary

  • trust — [trust] n. [ME < ON traust, trust, lit., firmness < IE * drou sto < base * deru , tree > TREE, TRUE + sto , standing < base * sta , to STAND] 1. a) firm belief or confidence in the honesty, integrity, reliability, justice, etc. of… …   English World dictionary

  • trust deed — noun a written instrument legally conveying property to a trustee often used to secure an obligation such as a mortgage or promissory note • Syn: ↑deed of trust • Topics: ↑law, ↑jurisprudence • Hypernyms: ↑legal document, ↑legal instrument, ↑ …   Useful english dictionary

  • trust fund — / trʌst fʌnd/ noun assets (money, securities, property) held in trust for someone …   Dictionary of banking and finance

  • property — prop·er·ty n pl ties [Anglo French propreté proprieté, from Latin proprietat proprietas, from proprius own, particular] 1: something (as an interest, money, or land) that is owned or possessed see also asset, estate, interest …   Law dictionary

  • Trust — may refer to:* Trust (social sciences), a relationship of reliance. ** Trust Fall, a trust building game.In law: * Trust law, where money or property is owned and managed on behalf of another * Escrow, where a thing is held in trust until… …   Wikipedia

  • trust for sale — ˌtrust for ˈsale noun trusts for sale PLURALFORM [countable] LAW a trust that contains instructions to sell land or other property immediately and to give the money made from the sale to a named person or named people * * * trust for sale UK US… …   Financial and business terms

  • Trust — Trust, a. Held in trust; as, trust property; trustmoney. [1913 Webster] …   The Collaborative International Dictionary of English

  • property, common — n. Property shared by two or more owners, such as tenants in common or husband and wife; property owned by all citizens and held in trust by the government. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy… …   Law dictionary

  • trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… …   Black's law dictionary

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