Trust: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Reorder.) |
||
| Line 8: | Line 8: | ||
2. | 2. | ||
A belief that someone or something is reliable, honest, good. | |||
3. | |||
''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. | |||
Revision as of 14:26, 1 May 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.
A belief that someone or something is reliable, honest, good.
3.
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.
