Question

what is trust???



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Answer 1

Answer:

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.

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Answer 2

Answer:

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