Trust (?), n.
1. An equitable right or interest in property distinct from the legal ownership thereof; a use (as it existed before the Statute of Uses); also, a
property interest held by one person for the benefit of another. Trusts are active, or special, express, implied,
constructive, etc. In a passive trust the trustee simply has title to the
trust property, while its control and management are in the beneficiary.
2.
A business organization or combination consisting of a number of firms or corporations operating, and often united, under an agreement creating a trust (in sense 1), esp. one formed mainly for the purpose of regulating the supply and price of
commodities, etc.; often, opprobriously, a combination formed for the purpose of controlling or monopolizing a trade, industry, or business, by doing acts in restraint or trade; as, a sugar trust. A trust may take the form
of a corporation or of a body of persons or corporations acting together by mutual arrangement, as under a contract or a
so-called gentlemen's agreement. When it consists of corporations it may be
effected by putting a majority of
their stock either in the
hands of a board of trustees (whence the name trust for the combination) or by transferring a majority to a
holding company. The advantages of a trust are partly due to
the economies made possible in carrying on a
large business, as well as the doing away with competition. In the United States severe statutes against
trusts have been passed by the Federal government and in many
States, with elaborate statutory definitions.
Trust , v. i. 1. To
have trust; to be credulous; to be won to confidence; to confide.
More to know
could not be more to trust.
Shak.
2. To be confident, as of something future; to hope.
I will trust and not be afraid.
Isa. xii. 2.
3. To sell or deliver anything in reliance upon a promise of payment; to give credit.
It is happier sometimes to be cheated than not to trust.
Johnson. To trust in, To trust on, to place confidence in,; to rely on; to depend. "Trust in the Lord, and
do good." Ps. xxxvii. 3.
"A priest . . . on whom we
trust." Chaucer.
Her widening streets on new foundations trust.
Dryden. -- To trust to or unto,
to depend on; to have confidence in; to rely on.
They
trusted unto the liers in wait.
Judges xx.
36.
Trust , v. t. [imp. & p. p. Trusted;
p. pr. & vb. n.
Trusting.]
[OE. trusten,
trosten. See Trust, n.]
1. To place
confidence in; to rely on, to confide, or repose faith, in; as,
we can not
trust those who have deceived us.
I will never trust his word after.
Shak. He that trusts every one without reserve will at last be
deceived.
Johnson. 2. To give credence to; to believe; to credit.
Trust me,
you look well.
Shak.
3. To hope confidently; to believe; -- usually with a phrase
or infinitive clause as the
object.
I trust to come unto
you, and speak face to
face.
2 John
12. We trustwe have a good conscience.
Heb. xiii. 18.
4. to show confidence in a person by intrusting (him) with something.
Whom, with your power and fortune, sir, you trust,
Now to suspect is
vain.
Dryden.
5. To commit, as to
one's care;
to intrust.
Merchants were not willing to trust precious cargoes to any custody but that of a man-of-war.
Macaulay.
6. To give credit to; to sell to upon credit, or in
confidence of future payment; as, merchants and manufacturers trust their customers annually with goods.
7. To risk; to venture confidently.
[Beguiled]
by thee
to trust thee from my
side.
Milton.
Trust , a. Held in trust; as, trust property; trustmoney.
Trust (?), n. [OE. trust, trost, Icel. traust confidence, security; akin to Dan. &
Sw. tröst comfort, consolation, G. trost,
Goth. trausti a convention, covenant, and E. true. See True, and cf. Tryst.]
1. Assured resting of the mind on the integrity, veracity, justice, friendship, or other sound principle, of another person; confidence; reliance; reliance.
"O ever-failing trust in mortal strength!" Milton.
Most take things upon trust.
Locke. 2. Credit
given; especially, delivery of property or merchandise in reliance upon future payment; exchange without immediate receipt of an equivalent; as, to sell or buy goods on
trust.
3.
Assured anticipation; dependence upon something future or contingent, as if present
or actual; hope; belief. "Such trust have we through Christ." 2 Cor. iii. 4.
His trust was with the
Eternal to be deemed
Equal in strength.
Milton. 4. That which is committed or intrusted to one; something received in confidence; charge; deposit.
5. The condition or obligation of one to whom anything is confided; responsible charge or office.
[I] serve him truly that will put
me in trust.
Shak.
Reward them well, if they
observe their trust.
Denham.
6. That upon which confidence is reposed; ground of reliance; hope.
O Lord God, thou art my
trust from my youth.
Ps. lxxi.
5. 7. (Law) An estate devised or granted in confidence that the devisee or grantee shall convey it, or dispose of the profits, at the will, or for the benefit, of another; an estate held for the use of another; a
confidence respecting property reposed in one person, who is termed the trustee, for the benefit of another, who is called the cestui que trust.
8. An organization formed mainly for the purpose of regulating the supply and price of commodities, etc.; as, a sugar
trust. [Cant]
Syn. -- Confidence; belief; faith; hope; expectation.
Trust deed (Law), a deed conveying property to a trustee,
for some specific use.
Hear it pronounced