Ballentine's law dictionary. Anderson, W.S.. 1998.
express trust — ➔ trust * * * express trust UK US noun [C] ► LAW a trust (= legal arrangement in which a person or organization controls another s assets) whose conditions are stated by the person making it, rather than being agreed by a legal process in a court … Financial and business terms
express trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Express trust — Where property is passed to a person but no gift is made, it is held for the owner, this is the Resulting trust; where property should for some reason of public policy or fairness or rule of Equity be held for someone other than the legal owner,… … Wikipedia
express trust — noun a trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation) • Syn: ↑direct trust • Hypernyms: ↑trust * * * noun Etymology: express (I) : a trust created dire … Useful english dictionary
trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… … Law dictionary
Trust law in England and Wales — is the original and foundational law of trusts in the world, and a unique contribution of English law to the legal system. Trusts are part of the law of property, and arise where one person (a settlor ) gives assets (e.g. some land) to another… … Wikipedia
express — ex·press 1 adj: directly and distinctly stated or expressed rather than implied or left to inference compare implied express 2 vt: to make known (one s thoughts, ideas, or opinions) by words, conduct, or symbols see also expression M … Law dictionary
trustee of express trust — A trustee duly appointed or designated, as distinguished from a trustee de son tort or a trustee under a constructive trust. The term includes a person with whom, or in whose name, a contract is made for the benefit of another. Muncie Natural Gas … Ballentine's law dictionary
trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… … Black's law dictionary
Trust law — In common law legal systems, a trust is an arrangement whereby property (including real, tangible and intangible) is managed by one person (or persons, or organizations) for the benefit of another. A trust is created by a settlor, who entrusts… … Wikipedia
