- a fiduciary relationship in which one person (the trustee) holds the title to property (the trust estate or trust property) for the benefit of another (the beneficiary).
- the property or funds so held.
- an illegal combination of industrial or commercial companies in which the stock of the constituent companies is controlled by a central board of trustees, a group of people who have assumed the authority to supervise the affairs of the constituent companies, thus making it possible to manage the companies so as to minimize production costs, control prices, eliminate competition, etc.
- any large industrial or commercial corporation or combination having a monopolistic or semimonopolistic control over the production of some commodity or service.
Idioms about trust
Origin of trust
synonym study for trust
OTHER WORDS FROM trust
British Dictionary definitions for trust
- an arrangement whereby a person to whom the legal title to property is conveyed (the trustee) holds such property for the benefit of those entitled to the beneficial interest
- property that is the subject of such an arrangement
- the confidence put in the trusteeRelated adjective: fiduciary
Derived forms of trusttrustable, adjectivetrustability, nountruster, noun
Word Origin for trust
Cultural definitions for trust
A combination of firms or corporations for the purpose of reducing competition and controlling prices throughout a business or industry. Trusts are generally prohibited or restricted by antitrust legislation. (Compare monopoly.)
Other Idioms and Phrases with trust
see brain trust; in trust.