What is trust ? Meaning of trust.
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A trust is a legal relationship in which the legal title to property is entrusted to a person or legal entity with a fiduciary duty to hold and use it for another's benefit.
Trust is defined as to have confidence, faith or hope in someone or something. ... An example of trust is having faith that things will be better in the future.
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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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