Define trust. State its unit.
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trust is a fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary. ... In finance, a trust can also be a type of closed-end fund built as a public limited company.
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A trust is a fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary. ... In finance, a trust can also be a type of closed-end fund built as a public limited company.
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