Sunday, June 18, 2006

Definition of Trust

Trust is defined as:

NOUN:
  1. Firm reliance on the integrity, ability, or character of a person or thing.
  2. Custody; care.
  3. Something committed into the care of another; charge.
    1. The condition and resulting obligation of having confidence placed in one: violated a public trust.
    2. One in which confidence is placed.
  4. Reliance on something in the future; hope.
  5. Reliance on the intention and ability of a purchaser to pay in the future; credit.
  6. Law
    1. A legal title to property held by one party for the benefit of another.
    2. The confidence reposed in a trustee when giving the trustee legal title to property to administer for another, together with the trustee's obligation regarding that property and the beneficiary.
    3. The property so held.
  7. A combination of firms or corporations for the purpose of reducing competition and controlling prices throughout a business or an industry.
VERB:
trust·ed , trust·ing , trusts
VERB:
intr.
  1. To have or place reliance; depend: Trust in the Lord. Trust to destiny.
  2. To be confident; hope.
  3. To sell on credit.
VERB:
tr.
  1. To have or place confidence in; depend on.
  2. To expect with assurance; assume: I trust that you will be on time.
  3. To believe: I trust what you say.
  4. To place in the care of another; entrust.
  5. To grant discretion to confidently: Can I trust them with the boat?
  6. To extend credit to.

No comments:

Counter


View My Stats