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trust Definition

trust (trust)

noun

    1. firm belief or confidence in the honesty, integrity, reliability, justice, etc. of another person or thing; faith; reliance
    2. the person or thing trusted
  2. confident expectation, anticipation, or hope to have trust in the future
    1. the fact of having confidence placed in one
    2. responsibility or obligation resulting from this
  4. keeping; care; custody
  5. something entrusted to one; charge, duty, etc.
  6. confidence in a purchaser's intention or future ability to pay for goods or services delivered; credit to sell on trust
    1. an industrial or business combination, now illegal in the U.S., in which management and control of the member corporations are vested in a single board of trustees, who are thus able to control a market, absorb or eliminate competition, fix prices, etc.
    2. cartel (sense )
  8. Law
    1. an arrangement by which property is put under the ownership and control of a person (trustee) who bears the responsibility of administering it for the benefit of another (beneficiary)
    2. the confidence reposed in a trustee
    3. the whole of the property held in trust
    4. a trustee or group of trustees
    5. the beneficiary's right to property held in trust
  9. Archaic trustworthiness; loyalty

Etymology: ME < ON traust, trust, lit., firmness < IE *drou-sto- < base *deru-, tree > tree, true + sto-, standing < base *sta-, to stand

intransitive verb

  1. to have trust or faith; place reliance; be confident
  2. to hope
  3. to give business credit

Etymology: ME trusten, altered (based on the n.) < ON treysta, to trust, confide < base of traust

transitive verb

    1. to believe in the honesty, integrity, justice, etc. of; have confidence in
    2. to rely or depend on trust them to be on time
  2. to commit (something) to a person's care
  3. to put something confidently in the charge of to trust a lawyer with one's case
  4. to allow to do something without fear of the outcome to trust a child to go to the store
  5. to believe or suppose
  6. to expect confidently; hope
  7. to grant business credit to

adjective

  1. relating to a trust or trusts
  2. held in trust
  3. managing for an owner; acting as trustee

trust Related Forms
trust′·able adjective trust′er noun
trust Idioms

in trust

in the condition of being entrusted to another's care

trust to

to rely on

trust Synonyms

trust

n.

  1. Reliance

    confidence, dependence, belief, credence; see faith 1.

  2. A trusted person

    mainstay, guarantee, anchor, confidant, security, support, assurance, benefactor, patron, guardian, protector, savior, good angel*.

  3. Responsibility

    guardianship, account, duty, liability, moment.

  4. A large company

    corporation, monopoly, cartel, holding company, conglomerate, combination, combine; see also business 4, organization 3. See syn. study at belief, monopoly.

in trust

in escrow, on deposit, in the custody of, deposited, held, bonded, in the care of, in the keeping of, in account with, given as surety; see also retained 1.

trust Synonyms

trust

v.

  1. To believe in

    have faith in, believe in, rely on, depend on, depend upon, count on, bank on*, have confidence in, place confidence in, confide in, swear by, esteem, expect help from, presume upon, lean on, turn to, fall back on, have no doubt, rest assured, be sure about, have no reservations, put faith in, give credence to, look to, be persuaded by, be convinced, put great stock in*, set great store by*, take at one's word*, eat up*; see also believe 1, count on.

    Antonyms doubt*, mistrust, disbelieve.

  2. To hope

    presume, take, imagine; see assume 1, hope.

  3. To place in the protection of another

    lend, put in safekeeping, entrust, trust to, commit, consign, commission, assign, store with, transfer, give over, place in trust of, make someone a trustee of, make someone guardian of.

  4. To give credit to

    advance, lend, loan, let out, grant, confer, let, patronize, aid, give financial aid to.

    Antonyms borrow*, raise money, pawn.

to trust is to have complete faith or assurance that one will not be let down by another to trust in God; to or upon51> a person or thing is to have confidence, usually on the basis of past experience, that what is expected will be done she can be relied on to keep the secret; to or upon51> is to place reliance on a person or thing, esp. for support or aid a museum that depends on corporate contributions; to count on something is to consider it in one's calculations as certain they counted on my going; to bank on, a colloquial term, is to have confidence like that of one who is willing to risk money on something don't bank on their help

trust  Finance Definition
  1. An arrangement in which property (either real or monetary) is put under the management and control of a trustee who is responsible for administering it for the trust beneficiary. A trust created by a will is called a testamentary trust. A trust created while the writer is still living is called an inter vivos, or living trust.
  2. A type of a corporate monopoly that was powerful during the late 19th and early 20th centuries that exerted strong influence over prices. Antitrust laws passed in the early 1900s destroyed the power of trusts. The name trust comes from a voting trust in which a small number of trustees controlled a majority of a company’s shares.
  3. A group or board of people who have been appointed to manage the affairs of an institution, such as a university.
trust Law Definition

n

Property that is held by one party, the trustee, for the benefit of another, the beneficiary. The one who supplied the property or consideration for the trust is the settlor. Trust also encompasses any relationship in which one acts as a fiduciary or guardian for another.
blind trust
A trust whereby the settlor places all financial interests under the control of an independent trustee for a period of time, most often in order to avoid the appearance of a conflict of interest.
constructive (involuntary) trust
A trust that is imposed by a court against one who has acquired property by wrongful means, in order to prevent the holder of that property’s being unjustly enriched and for the benefit of the rightful owner. No fiduciary relationship is created by this type of trust.
discretionary trust
A trust in which the settlor has granted the trustee the discretion to pay to the beneficiary as much of the income or principal as the trustee sees fit. This is the type of trust most often used in estate planning.
express (direct) trust
A trust set up with an affirmative expression by the settlor (usually in writing) of the purpose of the trust. This is an ordinary trust as distinct from a resulting or constructive one.
fixed investment trust
See nondiscretionary trust.
generation skipping trust
A trust set up to transfer property to a beneficiary more than one generation removed from the settlor, such as a grandchild.
grantor trust
In this type of trust, the settlor retains so much control over the property in trust and/or its income that the settlor is responsible for taxes on that property.
inter vivos trust
A trust created and takes effect during the lifetime of the grantor.
pourover trust
An intervivos trust that receives money from another trust or other source or that distributes receipts to another trust.
precatory trust
. Trusts created by a will by use of precatory words such as “wish” or some other entreaty rather than specific direction. See also precatory.
resulting trust
A trust brought about by law when the circumstances in which property is transferred that suggest that it was not the intention of the transferor to give beneficial interest in the property to the transferee.
testamentary trust
 A trust created by a will and that comes into ­existence upon the death of the grantor.
Totten trust
A bank account created by the depositor in trust for another. It is often used to name a successor to an account without the need to write a will. It is also fully revocable.
voting trust
The combination of voting rights among a group of stockholders to exert a higher degree of influence or control within the corporation, or to bring about a specific result. 
Trust Hacker Definition
A complex concept studied by scholars from a number of academic disciplines. It is present in a business relationship when one partner willingly depends on an exchanging partner in whom one has confidence. The term “depend” can take on a number of meanings in this context, including the willingness of one partner to be vulnerable to the actions of the other partner, or the expectation of one partner to receive ethically bound behaviors from the other partner. Security issues regarding Information Technology center on maintaining trust in e-commerce transactions.

A case of breach of trust occurred in March 2005. Harvard Business School administration said that as a result of unauthorized intrusions, it planned to reject 119 applicants who followed a cracker’s instructions to break into the school’s admission Internet site to see whether they had been accepted into the university. The behavior was cited by the school’s administration as being unethical and breaching trust. Other universities took similar punitive approaches to such breaches, including Carnegie Mellon University’s Tepper School of Business. These universities and others similarly affected used the ApplyYourself online application and notification software.

See Also: Cracker.

Associated Press. Business Schools: Harvard to Bar 119 Applicants Who Hacked Admissions Site. The Globe and Mail, March 9, 2005, p. B12; Mayer, R., Davis, J., and F. Schoorman. An Integrative Model of Organizational Trust. Academy of Management Review, vol. 20, 1995, p. 709–734; Moorman, C., Deshpande, R. and G. Zaltman. Factors Affecting Trust in Market Research Relationships. Journal of Marketing, vol. 57, 1993, p. 81–101.
trust Usage Examples

Object

  • lieutenant: Hornigold soon became a full pirate, with Teach as one of his most trusted lieutenants.

Converse of object

  • rebuild: However, working with our clients there is also a crucial need to rebuild trusts, and to maintain clear boundaries to the relationship.
  • build: From suspicion and control to building mutual trust and empowerment.
  • regain: Critics within journalism believe that some external regulation might be necessary to curtail dubious professional behavior and regain public trust.
  • establish: In 1997 he established a charitable trust to fund self-help projects in rural Zambia, many of which have conservation objectives.
  • administer: Secondly, we administer trusts worth hundreds of millions of pounds, dealing with investment advisers on a daily basis.
  • earn: Since our establishment we have earned trust worthy reputation in those markets for providing our committed services.

Adjective modifier

  • charitable: Or perhaps you want to set up a charitable trust or donate a minibus?
  • discretionary: Both fixed and discretionary trusts may be settled in Hong Kong.
  • mutual: Established in 1971, our focus is on creating a Partnership with clients, rooted in mutual trust.
  • acute: I have been asked to write an Audit Strategy for an acute trust.
  • primary: Sexual health leads in primary care trusts are essential.
  • offshore: ICA provides asset protection planning, offshore companies, offshore banking, offshore trusts, offshore.. .

Modifies a noun

  • fund: The trust fund consists of £ 120 in the savings bank.

Noun used with modifier

  • NHS: The National Health Service was broken up into NHS Trusts in the early 1990s.
  • ambulance: The first round of events is directed to the newly formed ambulance trusts and will take place between October and December 2006.
  • foundation: The Council of Governors The NHS foundation trust members elect governors.
  • investment: A unit trust or investment trust type vehicle is much more flexible.
  • unit: A unit trust or investment trust type vehicle is much more flexible.
  • hospital: Less than 20 % of those in charge of hospital trusts are women.
trust Quotes

I repeat†that all power is a trustöthat we are accountable for its exerciseöthat, from the people, and for the people, all springs, and all must exist.

—Disraeli, Benjamin, 1st Earl of Beaconsfield

For I had expected always Some brightness to hold in trust, Some final innocence To save from dust

—Spender, Sir Stephen Harold

The children of men put their trust under the shadow of thy wings.

—Bible (Old Testament)

The very power of science to hold knowledge as collective knowledge is founded upon a degree and a quality of trust which are arguably unparalleled elsewhere in our culture† Scientists know so much about the natural world by knowing so much about whom they can trust.

—Shapin, Steven

All my hope on God is founded He does still my trust renew, Me through change and chance he guideth, Only good and only true. God unknown, He alone Calls my heart to be his own.

—Bridges, Robert Seymour

In thee,O L, do I put my trust: let me never be put to confusion.

—Bible (Old Testament)

I don't trust anybody who's never eaten bread with the salt of tears.

—Kaiko,Takeshi

Weil ich ihm nicht traue, sind wir befreundet. Because I don't trust him, we are friends.

—Brecht, Bertolt Eugen Friedrich

All empire is no more than power in trust.

—Dryden,John

Utrumque enim vitium est, et omnibus credere et nulli. It is equally unsound to trust everyone and to trust no one.

—Seneca full name Lucius AnnaeusSeneca called theYounger

Liberty, asit is conceived bycurrent opinion, hasnothing inherent about it; it is a sort of gift or trust bestowed on the individual by the state pending good behavior.

—McCarthy,Joseph R(aymond)

If you can keep your head when all about you Are losing theirs and blaming it on you; If you can trust yourself when all men doubt you, But make allowance for their doubting too; If you can wait and not be tired by waiting, Or being lied about, don't deal in lies, Or being hated, don't give way to hating, And yet don't look too good, nor talk too wise; If you can dreamöand not make dreams your master; If you can thinköand not make thoughts your aim, If you can meet withTriumph and Disaster And treat those two imposters just the same.

—Kipling, (Joseph) Rudyard

In America few people will trust you unless you are irreverent.

—Mailer, Norman Kingsley

When a man assumes a public trust, he should consider himself as public property.

—Jefferson,Thomas

Never trust a husband too far, or a bachelor too near.

—Rowland, Helen

The poker player learns that sometimes both science and common sense are wrong; that the bumblebee can fly; that, perhaps, one should never trust an expert; that there are more things in heaven and earth than are dreamt of by those with an academic bent.

—Mamet, David Alan

One should never trust a woman who tells one her real age. A woman who would tell one that, would tell one anything.

—Wilde, Oscar Fingal O'FlahertieWills

Never trust the artist. Trust the tale.

—Lawrence, D(avid) H(erbert)

Sometimes I think we're the only two lawyers in Washington who trust each other.

—Dole, Elizabeth Hanford

Be near me when my light is low, When the blood creeps, and the nerves prick And tingle; and the heart is sick, And all the wheels of Being slow. Be near me when the sensuous frame Is racked with pains that conquer trust; And Time, a maniac scattering dust, And Life, a Fury slinging flame.

—Tennyson

Put not your trust in money, but put your money in trust.

—Holmes, Oliver Wendell

O put not your trust in princes, nor in any child of man: for there is no help in them.

—Book of Common Prayer

Louers be war and tak gude heid about Quhome that ye lufe, for quhome ye suffer paine. I lat yow wit, thair is richt few thairout Quhome ye may traist to haue trew lufe agane.

—Henryson, Robert

   Even such isTime, which takes in trust Our youth, our joys, and all we have, And pays us but with age and dust, Who in the dark and silent grave When we have wandered all our ways Shuts up the story of our days, And from which earth, and grave, and dust The Lord shall raise me up, I trust.

—Raleigh, Sir Walter

Some weigh their pleasure by their lust, Their wisdom by their rage of will, Their treasure is their only trust; And cloake'  d craft their store of skill. But all the pleasure that I find Is to maintain a quiet mind.

—Dyer, Sir Edward

Delightthyself also inthe L, and heshall givetheethe desires of thine heart.Commit thy way unto the L; trust also in him; and he shall bring it to pass.

—Bible (Old Testament)

Trust him as much as you would a rattlesnake with a silencer on its rattle.

—Acheson, Dean Gooderham

Ifelt my heart strangely warmed.I felt I did trust in Christ, Christ alone for salvation; and an assurance was given methat hehad taken away my sins, even mine, and saved me from the law of sin and death.

—Wesley,John

A wrong decision can make me very miserable.But I have trust in God. If you have this trust you don't have to worry, as you don't have the sole responsibility.

—Denning, Alfred Thompson, Lord

Take short views, hope for the best, and trust in God.

—Smith, Rev Sydney

Lo, thou trusted in thestaff of this broken reed, on Egypt; whereon if a man lean, it will go into his hand, and pierce it: so is Pharaoh king of Egypt to all that trust in him.

—Bible (Old Testament)

Though he slay me, yet will I trust in him: but I will maintain mine own ways before him.

—Bible (Old Testament)

In giving you these tapes, blemishes and all, I am placing my trust in the basic fairness of the American people.

—Nixon, Richard M(ilhous)

   Trust in the L with all thine heart; and lean not unto Psalms thine own understanding. In all thy ways acknowledge him, and he shall direct thy paths.

—Bible (Old Testament)

And trust me not at all or all in all.

—Tennyson

Behold, we know not anything; I can but trust that good shall fall At lastöfar offöat last, to all, And every winter change to spring. So runs my dream: but what am I? An infant crying in the night: An infant crying for the light: And with no language but a cry.

—Tennyson

Oh yet we trust that somehow good Will be the final goal of ill.

—Tennyson

To rescue our children we will have to let them save us from the power we embody: we will have to trust the very difference that they forever personify.

—Jordan,June

But without the trust of the people, no government can stand.

—Confucius or K'ung Fu-tse,'The MasterK'ung'