express trust Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “express trust” in the English Dictionary

"express trust" in Business English

See all translations

express trustnoun [C]

uk   us  
LAW a trust (= ​legalarrangement in which a ​person or ​organizationcontrols another's ​assets) whose ​conditions are ​stated by the ​person making it, rather than being ​agreed by a ​legalprocess in a ​court: An ​expresstrust is ​created by a settlor (the ​person setting up the ​trust) giving explicit ​instructions as to how his or her ​property is to be ​held.
(Definition of express trust from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of express trust?
Add Cambridge dictionaries to your browser to your website
Word of the Day

hipster

someone who is very influenced by the most recent ideas and fashions

Word of the Day

Chest pains and palpitations: talking about illness (2)
Chest pains and palpitations: talking about illness (2)
by Liz Walter,
February 03, 2016
My previous post (My leg hurts: Talking about illness (1)) presented some general vocabulary to use at the doctor’s. This one looks at some more specific areas of illness and explains some useful words and phrases that you may need to use or understand on a visit to the doctor’s. There are several

Read More 

awesomesauce noun
awesomesauce noun
February 01, 2016
slang the state of being extremely good or enjoyable or something or someone that is extremely good or enjoyable Recovering from the awesomesauce of another fab #Vidcon!!

Read More