trust

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}, {trust}]
    3: the trait of believing in the honesty and reliability of
       others; "the experience destroyed his trust and personal
       dignity" [syn: {trust}, {trustingness}, {trustfulness}] [ant:
       {distrust}, {distrustfulness}, {mistrust}]
    4: a consortium of independent organizations formed to limit
       competition by controlling the production and distribution of
       a product or service; "they set up the trust in the hope of
       gaining a monopoly" [syn: {trust}, {corporate trust},
       {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}, {trust}]
    6: a trustful relationship; "he took me into his confidence";
       "he betrayed their trust" [syn: {confidence}, {trust}]
    v 1: have confidence or faith in; "We can trust in God"; "Rely
         on your friends"; "bank on your good education"; "I swear
         by my grandmother's recipes" [syn: {trust}, {swear},
         {rely}, {bank}] [ant: {distrust}, {mistrust}, {suspect}]
    2: allow without fear
    3: be confident about something; "I believe that he will come
       back from the war" [syn: {believe}, {trust}]
    4: expect and wish; "I trust you will behave better from now
       on"; "I hope she understands that she cannot expect a raise"
       [syn: {hope}, {trust}, {desire}]
    5: confer a trust upon; "The messenger was entrusted with the
       general's secret"; "I commit my soul to God" [syn: {entrust},
       {intrust}, {trust}, {confide}, {commit}]
    6: extend credit to; "don't trust my ex-wife; I won't pay her
       debts anymore"
    

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.
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            Most take things upon trust.          --Locke.
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   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.
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   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.
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            His trust was with the Eternal to be deemed
            Equal in strength.                    --Milton.
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   4. That which is committed or intrusted to one; something
      received in confidence; charge; deposit.
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   5. The condition or obligation of one to whom anything is
      confided; responsible charge or office.
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            [I] serve him truly that will put me in trust.
                                                  --Shak.
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            Reward them well, if they observe their trust.
                                                  --Denham.
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   6. That upon which confidence is reposed; ground of reliance;
      hope.
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            O Lord God, thou art my trust from my youth. --Ps.
                                                  lxxi. 5.
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   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.
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   8. 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.
      [Webster 1913 Suppl.]

   9. 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.
      [Webster 1913 Suppl.]

   Syn: Confidence; belief; faith; hope; expectation.
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   {Trust deed} (Law), a deed conveying property to a trustee,
      for some specific use.
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Trust \Trust\, a.
   Held in trust; as, trust property; trustmoney.
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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.
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            I will never trust his word after.    --Shak.
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            He that trusts every one without reserve will at
            last be deceived.                     --Johnson.
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   2. To give credence to; to believe; to credit.
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            Trust me, you look well.              --Shak.
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   3. To hope confidently; to believe; -- usually with a phrase
      or infinitive clause as the object.
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            I trust to come unto you, and speak face to face.
                                                  --2 John 12.
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            We trustwe have a good conscience.    --Heb. xiii.
                                                  18.
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   4. to show confidence in a person by intrusting (him) with
      something.
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            Whom, with your power and fortune, sir, you trust,
            Now to suspect is vain.               --Dryden.
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   5. To commit, as to one's care; to intrust.
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            Merchants were not willing to trust precious cargoes
            to any custody but that of a man-of-war. --Macaulay.
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   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.
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   7. To risk; to venture confidently.
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            [Beguiled] by thee
            to trust thee from my side.           --Milton.
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Trust \Trust\, v. i.
   1. To have trust; to be credulous; to be won to confidence;
      to confide.
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            More to know could not be more to trust. --Shak.
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   2. To be confident, as of something future; to hope.
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            I will trust and not be afraid.       --Isa. xii. 2.
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   3. To sell or deliver anything in reliance upon a promise of
      payment; to give credit.
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            It is happier sometimes to be cheated than not to
            trust.                                --Johnson.
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   {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.
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            Her widening streets on new foundations trust.
                                                  --Dryden.
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   {To trust to} or {To trust unto}, to depend on; to have
      confidence in; to rely on; as, to trust to luck.
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            They trusted unto the liers in wait.  --Judges xx.
                                                  36.
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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.
    

TRUST, contracts, devises. An equitable right, title or interest in 
property, real or personal, distinct from its legal ownership; or it is a 
personal obligation for paying, delivering or performing anything, where the 
person trusting has no real. right or security, for by, that act he confides 
altogether to the faithfulness of those entrusted. This is its most general 
meaning, and includes deposits, bailments, and the like. In its more 
technical sense, it may be defined to be an obligation upon a person, 
arising out of a confidence reposed in him, to apply property faithfully, 
and according to such confidence. Willis on Trustees, 1; 4 Kent, Com. 295; 2 
Fonb. Eq. 1; 1 Saund. Uses and Tr. 6; Coop. Eq. Pl. Introd. 27; 3 Bl. Com. 
431. 
     2. Trusts were probably derived from the civil law. The fidei 
commissum, (q.v.) is not dissimilar to a trust. 
     3. Trusts are either express or implied. 1st. Express trusts are those 
which are created in express terms in the deed, writing or will. The terms 
to create an express trust will be sufficient, if it can be fairly collected 
upon the face of the instrument that a trust was intended. Express trusts 
are usually found in preliminary sealed agreements, such as marriage 
articles, or articles for the purchase of land; in formal conveyances, such 
as marriage settlements, terms for years, mortgages, assignments for the 
payment of debts, raising portions or other purposes; and in wills and 
testaments, when the bequests involve fiduciary interests for private 
benefit or public charity,, they may be created even by parol. 6 Watts & 
Serg. 97. 
     4.-2d. Implied trusts are those which without being expressed, are 
deducible from the nature of the transaction, as matters of intent; or which 
are superinduced upon the transaction by operation of law, as matters of 
equity, independently of the particular intention of the parties. 
     5. The most common form of an implied trust is where property or money 
is delivered by one person to another, to be by the latter delivered to a 
third person. These implied trusts greatly extend over the business and 
pursuits of men: a few examples will be given. 
     6. When land is purchased by one man in the name of another, and the 
former pays the consideration money, the land will in general be held by the 
grantee in Trust for the person who so paid the consideration money. Com. 
Dig. Chancery, 3 W 3; 2 Fonb. Eq. book 2, c. 5, Sec. 1, note a. Story, Eq. 
Jur. Sec. 1201. 
     7. When real property is purchased out of partnership funds, and the 
title is taken in the name of one of the partners, he will hold it in trust 
for all the partners. 7 Ves. jr. 453; Montague on Partn. 97, n.; Colly. 
Partn. 68. 
     8. When a contract is made for the sale of land, in equity the vendor 
is immediately deemed a trustee for the vendee of the estate; and the 
vendee, a trustee for the vendor of the purchase money; and by this means 
there is an equitable conversion of the property. 1 Fonb. Eq. book 1, ch. 6, 
Sec. 9, note t; Story, Eq. Jur. SSSS 789, 790, 1212. See Conversion. For the 
origin of trusts in the civil law, see 5 Toull. Dr. Civ. Fr. liv. 3, t. 2, 
c. 1, n. 18; 1 Brown's Civ. Law, 190. Vide Resulting Trusts. See, generally, 
Bouv. Inst. Index, h.t. 
    

285 Moby Thesaurus words for "trust":
      Aktiengesellschaft, absolute interest, accept, accept for gospel,
      accept implicitly, acceptation, acception, acquiescence, agency,
      agentship, aktiebolag, arrogance, aspiration, aspire to, assign,
      assignment, assumption, assurance, assured faith, assuredness,
      authority, authorization, bank credit, bank on, be certain, belief,
      believe, believe in, believe without reservation, benefit,
      body corporate, book credit, borrowing power, brevet, business,
      business establishment, buy, care, carry, cartel, cash credit,
      certainty, certitude, chain, chamber of commerce, charge,
      cheerful expectation, claim, closed-end investment company,
      cocksureness, combine, commend, commercial credit,
      commercial enterprise, commission, commissioning, commit,
      commitment, common, compagnie, company, concern, confide,
      confide in, confidence, confidentness, conglomerate,
      conglomerate corporation, consign, consignment,
      consolidating company, consortium, consumer credit,
      contingent interest, conviction, copartnership, corporate body,
      corporation, count on, courage, credence, credibility, credit,
      credit insurance, credit rating, credit union, credulity, cure,
      custody, deem trustworthy, delegate, delegated authority,
      delegation, depend on, dependability, dependence, deputation,
      depute, desire, devolution, devolvement, diversified corporation,
      doomed hope, easement, embassy, empower, empowerment, enfeoff,
      enterprise, entrust, entrusting, entrustment, equitable interest,
      equity, errand, estate, executorship, exequatur, expect,
      expectation, extend credit, factorship, fair prospect, faith,
      feel confident, fervent hope, firm, full power, give, give credit,
      give faith to, give in charge, give in trust, give tick,
      good cheer, good hope, great expectations, group, growth fund,
      guardianship, hand over, harbor the hope, have confidence in,
      have faith in, high hopes, hire purchase plan, holding,
      holding company, hope, hope against hope, hope and pray, hope for,
      hope in, hope to God, hopeful prognosis, hopefulness, hopes,
      hoping, hoping against hope, house, hubris, industry, infeudate,
      installment credit, installment plan, interest, investment company,
      investment credit, investment trust, joint-stock association,
      joint-stock company, jurisdiction, keeping, lean upon, legation,
      license, lieutenancy, limitation, line of credit, live in hopes,
      load fund, mandate, mission, monopoly, mutual fund, never-never,
      no-load fund, nurture the hope, office, operating company,
      overconfidence, oversureness, overweening, overweeningness, part,
      partnership, percentage, place confidence in, place reliance in,
      plenipotentiary power, plunderbund, poise, pomposity, pool,
      positiveness, power of attorney, power to act, prayerful hope,
      presume, presumption, pride, procuration, promise, prospect,
      prospects, protection, proxy, public utility, purview,
      put faith in, put trust in, rating, receive, reception, regency,
      regentship, relegate, reliability, reliance, reliance on, rely on,
      rely upon, remand, remit, repose, repose confidence in, repose in,
      responsibility, rest assured, rest in, right, right of entry,
      safekeeping, sanguine expectation, security, self-assurance,
      self-confidence, self-importance, self-reliance, sell on credit,
      set store by, settled belief, settlement, stake, stock,
      stock company, store, strict settlement, subjective certainty,
      sureness, surety, suspension of disbelief, swallow, syndicate,
      take for granted, take on faith, take on trust, take stock in,
      task, tax credit, think reliable, tick, title, trade association,
      trust implicitly, trust in, trusteeship, trustworthiness, use,
      utility, vested interest, vicarious authority, ward, warrant,
      well-grounded hope