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/ English Dictionary

DIRECT TRUST

Pronunciation (US): Play  (GB): Play

 I. (noun) 

Sense 1

Meaning:

A trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation)play

Synonyms:

direct trust; express trust

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("direct trust" is a kind of...):

trust (something (as property) held by one party (the trustee) for the benefit of another (the beneficiary))

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