Pronunciation:
\ˈtrəst\
Function:
noun
Etymology:
Middle English, probably of Scandinavian origin; akin to Old Norse traust trust; akin to Old English trēowe faithful — more at true
Date:
13th century
1. a: assured reliance on the character, ability, strength, or truth of someone or something b: one in which confidence is placed
2. a: dependence on something future or contingent : hope b: reliance on future payment for property (as merchandise) delivered : credit
3. a: a property interest held by one person for the benefit of another b: a combination of firms or corporations formed by a legal agreement ; especially : one that reduces or threatens to reduce competition
4. archaic : trustworthiness
5. a (1): a charge or duty imposed in faith or confidence or as a condition of some relationship (2): something committed or entrusted to one to be used or cared for in the interest of another b: responsible charge or office c: care , custody
— in trust : in the care or possession of a trustee
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