Resulting trust

Noun

Word Frequency: 0.2

Definitions

1.NounA trust that is implied in law, under which property entrusted to one party is not to be used for the benefit of that party, but for that party to use for the benefit of a third party.

Synonyms

trust constructive trust trustee trust law bare trust remainder trust uses trust fund honorary trust quistclose trust cestui que trust cestuy que trust

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