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Miscellaneous

What is the definition of trust?

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A trust is a fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary.

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The definition of trust is a firm belief in the truth, reliability, ability, or strength of someone or something. It can also be a legal arrangement where 1 person holds property for the good of a group of people or an underage person.

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