See Also: Trust(medicine)
Pro-AMS Trust(finance)
trust(2)(dictionary)
trust(1)(dictionary)
Pro-AMS U.S. Trust(finance)
TRUST(finance)
trust(encyclopedia)
Trust(law)
Trust(money)
Northern Trust(finance)

trust(1) (iou)



trust noun. ME.
[Old Norse traust: see TRUST verb. Cf. TRIST noun1 & verb.]
Faith or confidence in the loyalty, strength, veracity, etc., of a person or thing; reliance on the truth of a statement etc. without examination. (Foll. by in, of, to.) ME.
Aldous Huxley Afraid of taking decisions..she had no trust in her own powers.
b. transf. A person who or thing which is trusted or relied on. arch. LME.
(A) confident expectation; (a) hope. LME.
a. The state or condition of being entrusted to a person or body. Only in in trust, on trust. LME.
G. Priestland The animals are in trust to us from our Creator.
b. The state or condition of being trusted or relied on; the state of being entrusted with something. Freq. in in trust, under trust. M16.
F. Warner We hold The precious centre of our Jewish faith In sacred trust for coming generations.
c. The obligation or responsibility placed on a person who is trusted or relied on. M16.
J. E. Worcester A breach of trust by one who has charge or management of money.
d. A duty, an office; a person or thing entrusted to someone. M17.
D. Cusack I regard every girl who comes to my school as a sacred trust.
Law. Confidence placed in a person by making him or her the nominal owner of property to be held or used for the benefit of another; a property or estate held in this way; the legal relationship between the nominal owner and the property. LME.
J. Rossner The family was wealthy and there were trusts from grandparents.
The quality of being trustworthy; trustiness. Now rare. LME.
= CREDIT noun 6. Chiefly in on trust, upon trust. L16.
Commerce.
a. A body of trustees; an organization or company managed by trustees. L19.
Money & Family Wealth Like all ethical trusts, it avoids companies active in..areas which..investors would prefer to avoid.
b. An association of several companies in a particular area of business, organized to reduce or defeat competition, lessen mutual expenses, etc.; esp. one in which a central committee of trustees holds a majority or all of the stock and has a controlling vote in each company. L19.
Phrases: blind trust: see BLIND adjective. in trust Law held on the basis of trust; see also senses 3a, b above. labourer-in-trust: see LABOURER 1. National Trust: see NATIONAL adjective. on trust (a) (of a dog) obeying the command to trust (see TRUST verb 1 b); (b) on the basis of trust or confidence; take on trust accept or give credit to without investigation or evidence; (c) see senses 3a, 6 above. turnpike trust: see TURNPIKE noun 4b. unit trust: see UNIT noun1 & adjective. upon trust = on trust (b) above.
Comb.: trust-buster colloq. (chiefly US) a person or agency employed to dissolve trusts; spec. (US) a government official responsible for the enforcement of legislation against trusts; trust-busting verbal noun & ppl adjective colloq. (chiefly US) (of or pertaining to) work or action against trusts; trust company a company formed to act as a trustee or to deal with trusts; trust corporation Law a corporation empowered to act as a trustee; trust deed a deed of conveyance creating and setting out the conditions of a trust; trust fund a fund of money etc. held in trust; trust-investment (a) the investment of trust money; (b) a security in which trustees may legally invest trust money; trust officer N. Amer. an officer of a trust company; trust-stock stock in which trust funds may legally be invested; Trust Territory a territory under the trusteeship of the United Nations or a State designated by them.
trustify verb trans. (Commerce) make into a trust; form a trust of or in: E20.
trustless adjective (now rare) (a) untrustworthy, unreliable, treacherous; (b) having no trust or confidence, distrustful: E16.
trustlessness noun (rare) (a) untrustworthiness; (b) distrustfulness: E19.