/ English Dictionary |
INVOLUNTARY TRUST
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
A trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights
Synonyms:
constructive trust; involuntary trust
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("involuntary trust" is a kind of...):
implied trust (a trust inferred by operation of law)