Webtrust· ee ˌtrə-ˈstē 1 a : a natural or legal person to whom property is legally committed to be administered for the benefit of a beneficiary (such as a person or a charitable organization) b : one (such as a corporate director) occupying a position of trust and performing functions comparable to those of a trustee 2 a Web: of, relating to, or involving a confidence or trust: such as a : held or founded in trust or confidence a fiduciary relationship a bank's fiduciary obligations b : holding in trust c : …
Local Housing Trust Fund Program Definition Law Insider
WebA trust is an arrangement in which one person holds the property of another for the benefit of a third party, called the beneficiary. The beneficiary is usually the owner of the property or a person designated as the beneficiary by the owner of the property. A trustee may be either an individual or a corporation. Webn. 1. reliance on and confidence in the truth, worth, reliability, etc, of a person or thing; faith. 2. (Commerce) a group of commercial enterprises combined to monopolize and … crossfit west lafayette
The 3 Elements of Trust - Harvard Business Review
Webclose to the Oxford English Dictionary definition of trust as "confidence in or reliance on some quality or attribute of a person or thing, or the truth of a statement." In contrast to Rotter's "gen-eralized expectancy," which is a relatively sta-ble personality characteristic, social psycholo-gists view trust as an expectation that is specific Webtrust with: [phrasal verb] to allow (someone) to have or use (something valuable). WebMar 24, 2024 · : an incorporated trustee broadly : a corporation that functions as a corporate and personal trustee and usually also engages in the normal activities of a commercial bank Example Sentences crossfit whakatane