- 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.
verb (used without object)
verb (used with object)
Origin of trust
Synonyms 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
Word Origin for trust
c.1200, from Old Norse traust "help, confidence," from Proto-Germanic *traust- (cf. Old Frisian trast, Dutch troost "comfort, consolation," Old High German trost "trust, fidelity," German Trost "comfort, consolation," Gothic trausti "agreement, alliance"). Related to Old English treowian "to believe, trust," and treowe "faithful, trusty" (see true). Meaning "businesses organized to reduce competition" is recorded from 1877. Trust-buster is recorded from 1903.
early 13c., from Old Norse treysta "to trust," from traust (see trust (n.)). Related: Trusted; trusting.
see brain trust; in trust.