Trust: Difference between revisions
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imported>Doug Williamson (Remove UK-specific reference in relation to law.) |
imported>Doug Williamson (Add link.) |
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== See also == | == See also == | ||
* [[Agent]] | |||
* [[Antitrust law]] | * [[Antitrust law]] | ||
* [[Beneficiary]] | * [[Beneficiary]] | ||
Revision as of 11:26, 30 March 2016
1.
Law and pensions.
A legal concept whereby property is held by one or more persons for the benefit of others for the purposes specified in the trust deed.
In a pensions context, the beneficiaries of the trust are the members of the pension scheme.
2.
US.
A large organisation that has control - or attempts to gain control - of a market by the use of monopoly or other anti-competitive trade practices.
3.
More generally, the belief that someone or something is reliable, honest, good.
