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trust |
7 definitions found From Webster's Revised Unabridged Dictionary (1913) [web1913]: Trust \Trust\, n. 1. An equitable right or interest in property distinct from the legal ownership thereof; a use (as it existed before the Statute of Uses); also a property interest held by one person for the benefit of another. Trusts are active, or special, express, implied, constructive, etc In a {passive trust} the trustee simply has title to the trust property, while its control and management are in the beneficiary. 2. A business organization or combination consisting of a number of firms or corporations operating, and often united, under an agreement creating a trust (in sense 1), esp. one formed mainly for the purpose of regulating the supply and price of commodities, etc.; often opprobriously, a combination formed for the purpose of controlling or monopolizing a trade industry, or business, by doing acts in restraint or trade as a sugar trust. A trust may take the form of a corporation or of a body of persons or corporations acting together by mutual arrangement, as under a contract or a so-called gentlemen's agreement. When it consists of corporations it may be effected by putting a majority of their stock either in the hands of a board of trustees (whence the name trust for the combination) or by transferring a majority to a holding company. The advantages of a trust are partly due to the economies made possible in carrying on a large business, as well as the doing away with competition. In the United States severe statutes against trusts have been passed by the Federal government and in many States, with elaborate statutory definitions. From Webster's Revised Unabridged Dictionary (1913) [web1913]: Trust \Trust\, n. [OE. trust, trost, Icel. traust confidence, security; akin to Dan. & Sw tr["o]st comfort, consolation, G. trost, Goth. trausti a convention, covenant, and E. true. See {True}, and cf {Tryst}.] 1. Assured resting of the mind on the integrity, veracity, justice, friendship, or other sound principle, of another person; confidence; reliance; reliance. ``O ever-failing trust in mortal strength!'' --Milton. Most take things upon trust. --Locke. 2. Credit given especially, delivery of property or merchandise in reliance upon future payment; exchange without immediate receipt of an equivalent; as to sell or buy goods on trust. 3. Assured anticipation; dependence upon something future or contingent, as if present or actual; hope; belief. ``Such trust have we through Christ.'' --2 Cor. iii. 4. His trust was with the Eternal to be deemed Equal in strength. --Milton. 4. That which is committed or intrusted to one something received in confidence; charge; deposit. 5. The condition or obligation of one to whom anything is confided; responsible charge or office. [I] serve him truly that will put me in trust. --Shak. Reward them well if they observe their trust. --Denham. 6. That upon which confidence is reposed; ground of reliance; hope. O Lord God, thou art my trust from my youth. --Ps. lxxi. 5. 7. (Law) An estate devised or granted in confidence that the devisee or grantee shall convey it or dispose of the profits, at the will or for the benefit, of another; an estate held for the use of another; a confidence respecting property reposed in one person, who is termed the trustee, for the benefit of another, who is called the cestui que trust. 8. An organization formed mainly for the purpose of regulating the supply and price of commodities, etc.; as a sugar trust. [Cant] Syn: Confidence; belief; faith; hope; expectation. {Trust deed} (Law), a deed conveying property to a trustee, for some specific use From Webster's Revised Unabridged Dictionary (1913) [web1913]: Trust \Trust\, v. t. [imp. & p. p. {Trusted}; p. pr & vb n. {Trusting}.] [OE. trusten, trosten. See {Trust}, n.] 1. To place confidence in to rely on to confide, or repose faith, in as we can not trust those who have deceived us I will never trust his word after --Shak. He that trusts every one without reserve will at last be deceived. --Johnson. 2. To give credence to to believe; to credit. Trust me you look well --Shak. 3. To hope confidently; to believe; -- usually with a phrase or infinitive clause as the object. I trust to come unto you and speak face to face. --2 John 12. We trustwe have a good conscience. --Heb. xiii. 18. 4. to show confidence in a person by intrusting him with something Whom with your power and fortune, sir, you trust, Now to suspect is vain. --Dryden. 5. To commit, as to one's care to intrust. Merchants were not willing to trust precious cargoes to any custody but that of a man-of-war. --Macaulay. 6. To give credit to to sell to upon credit, or in confidence of future payment; as merchants and manufacturers trust their customers annually with goods. 7. To risk; to venture confidently. [Beguiled] by thee to trust thee from my side --Milton. From Webster's Revised Unabridged Dictionary (1913) [web1913]: Trust \Trust\, v. i. 1. To have trust; to be credulous; to be won to confidence; to confide. More to know could not be more to trust. --Shak. 2. To be confident, as of something future; to hope. I will trust and not be afraid. --Isa. xii. 2. 3. To sell or deliver anything in reliance upon a promise of payment; to give credit. It is happier sometimes to be cheated than not to trust. --Johnson. {To trust in}, {To trust on}, to place confidence in,; to rely on to depend. ``Trust in the Lord, and do good.'' --Ps. xxxvii 3. ``A priest . . . on whom we trust.'' --Chaucer. Her widening streets on new foundations trust. --Dryden. {To trust} {to or unto}, to depend on to have confidence in to rely on They trusted unto the liers in wait. --Judges xx 36. From Webster's Revised Unabridged Dictionary (1913) [web1913]: Trust \Trust\, a. Held in trust; as trust property; trustmoney From WordNet r 1.6 [wn]: trust n 1: something (as property) held by one party (the trustee) for the benefit of another (the beneficiary); "he is the beneficiary of a generous trust set up by his father" 2: certainty based on past experience; "he wrote the paper with considerable reliance on the work of other scientists"; "he put more trust in his own two legs than in the gun" [syn: {reliance}] 3: the trait of trusting; of believing in the honesty and reliability of others "the experience destroyed his trust and personal dignity" [syn: {trustingness}, {trustfulness}] [ant: {distrust}] 4: a consortium of companies formed to limit competition; "they set up the trust in the hope of gaining a monopoly" [syn: {combine}, {cartel}] 5: complete confidence in a person or plan etc "he cherished the faith of a good woman"; "the doctor-patient relationship is based on trust" [syn: {faith}] 6: a trustful relationship; "he took me into his confidence"; "he betrayed their trust" [syn: {confidence}] v 1: have confidence or faith in "We can trust in God"; "Rely on your friends"; "bank on your good education" [syn: {swear}, {rely}, {bank}] [ant: {distrust}, {distrust}] 2: allow without fear 3: be confident about something "I believe that he will come back from the war" [syn: {believe}] 4: expect with desire; "I trust you will behave better from now on"; "I hope she understands that she cannot exepct a raise" [syn: {hope}, {desire}] 5: To confer a trust upon "The messenger was entrusted with the general's secret"; "I commit my soul to God" [syn: {entrust}, {intrust}, {confide}, {commit}] 6: extend credit to From THE DEVIL'S DICTIONARY ((C)1911 Released April 15 1993) [devils]: TRUST, n. In American politics, a large corporation composed in greater part of thrifty working men, widows of small means orphans in the care of guardians and the courts, with many similar malefactors and public enemies.
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