trust property

  • 21trust — An arrangement enabling property to be held by a person or persons (the trustees) for the benefit of some other person or persons (the beneficiaries). The trustee is the legal owner of the property but the beneficiary has an equitable interest in …

    Accounting dictionary

  • 22trust — An arrangement enabling property to be held by a person or persons (the trustees) for the benefit of some other person or persons (the beneficiaries). The trustee is the legal owner of the property but the beneficiary has an equitable interest in …

    Big dictionary of business and management

  • 23trust certificate — noun : a certificate issued and sold as one of a series by the trustee of designated trust property (as an investment trust, railroad equipment, or business trust) legally held evidencing a specified fractional equitable or beneficial interest in …

    Useful english dictionary

  • 24property trust — /ˈprɒpəti trʌst/ (say propuhtee trust) noun a unit trust in which property (mainly real estate) is purchased by investors whose interest in the trust property and any income or capital gain there from is proportionate to the number of units held …

  • 25trust deed — The document creating and setting out the terms of a trust. It will usually contain the names of the trustees, the identity of the beneficiaries, and the nature of the trust property, as well as the powers and duties of the trustees. Trusts of… …

    Accounting dictionary

  • 26trust deed — The document creating and setting out the terms of a trust It will usually contain the names of the trustees, the identity of the beneficiaries, and the nature of the trust property, as well as the powers and duties of the trustees. Trusts of… …

    Big dictionary of business and management

  • 27trust pursuit rule — The following of trust property wrongfully converted by the fiduciary for the purpose of compelling restitution to the beneficiary. 54 Am J1st Trusts § 248. See following trust fund or property …

    Ballentine's law dictionary

  • 28trust fund immunity — The principle that while a charity is not immune from liability in tort or from suit where it is sought to impose a tort liability upon it, the trust property or funds by which it is supported or maintained cannot be reached by execution under a… …

    Ballentine's law dictionary

  • 29trust deed — see deed Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. trust deed …

    Law dictionary

  • 30trust — [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