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    what is trust

    0  Views: 337 Answers: 1 Posted: 12 years ago

    1 Answer

    trust


    /tr?st/


    Noun


    Firm belief in the reliability, truth, ability, or strength of someone or something.


    Verb


    Believe in the reliability, truth, ability, or strength of.


    Synonyms


    noun. confidence - faith - credit - reliance - belief


    verb. believe - confide - rely - credit - hope - entrust


    Click on the links below for more information >


    http://dictionary.reference.com/browse/trust


    http://www.merriam-webster.com/dictionary/trust






    Definition of 'Trust'


    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.
    There are two types of trusts: 1. Living Trust (inter-vivos): A trust that is in effect during the trustor's lifetime. 2. Testamentary Trust: A trust that is created through the will of a deceased person.


    Investopedia Says

    Investopedia explains 'Trust'


    For example, a trust can be used if a beneficiary is under age or has a mental disability that impairs the person's ability to maintain his or her own finances. Once the beneficiary is deemed able to manage the funds or assets by the terms dictated under the trust, the beneficiary will receive possession of the trust. The trust is taxed on any funds not distributed to the beneficiary.


    http://www.investopedia.com/terms/t/trust.asp


     





    hector5559

    Dont need to flick the link ,Miss fishy,i trust you,
    FISH-O

    Thank you so much Dennis. :)
    FISH-O

    There is that darned guy winking again... Geeze Louise and Cupcakes!

    Get serious Man and put on a shirt! :D
    ROMOS

    Shirt??
    FISH-O

    You know ... that thing that is worn over the chest and torso. Surely you have seen one or two of those in your life time.
    hector5559

    Hold things ROMOS,I might get a pice of free potteriy out of this,
    FISH-O

    Aaahhhh, the plot thickens!
    ROMOS

    Mhmmmm!!!


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