/ English Dictionary |
DIRECT TRUST
Pronunciation (US): | ![]() | (GB): | ![]() |
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)
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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