trusty definition
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trusty trustier; trustiest. Learner's definition of TRUSTY. always used before a noun [also more trusty; most trusty] : able to be depended on — used especially to describe a useful tool, device, etc., that you have had and used for a long time. I never go anywhere without my trusty pocketknife.
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Trust Definition: A legal obligation given by a person called the donor or settlor, binding upon the trustee, for the benefit of another person (the beneficiary, cestui que trust or donee).Historically, a trust was known to the English law as a use : A trust is altogether the same that a use was...... a fiduciary relationship with respect to property, subjecting the person by whom the title to property is held to equitable duties to deal with the property for the benefit of another person, which arises as a result of a manifestation of an intention to create it..
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Search Legal Terms and Definitions fiduciary. 1) n. from the Latin fiducia, meaning trust, a person (or a business like a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, good faith and honesty. fiduciary is held to a standard of conduct and trust above that of a stranger or of a casual business person. He/she/it must avoid self-dealing or conflicts of interests in which the potential benefit to the fiduciary is in conflict with what is best for the person who trusts him/her/it.
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Search Legal Terms and Definitions fiduciary. 1) n. from the Latin fiducia, meaning trust, a person (or a business like a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, good faith and honesty.iduciary. 1) n. from the Latin fiducia, meaning trust, a person (or a business like a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, good faith and honesty.
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breach of trust breach of trust - violation (either through fraud or negligence) by a trustee of a duty that equity requires of him. breach of contract - a breach of a legal duty; failure to do something that is required in a contract.
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constructive trust Constructive Trust. A relationship by which a person who has obtained title to property has an equitable duty to transfer it to another, to whom it rightfully belongs, on the basis that the acquisition or retention of it is wrongful and would unjustly enrich the person if he or she were allowed to retain it.
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- Gunny definition, a strong, coarse material made commonly from jute, especially for bags or sacks; burlap. See more.
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- a person, usually one of a body of persons, appointed to administer the affairs of a company, institution, etc. 2. a person who holds the title to property for the benefit of another. 3. (in New England) a garnishee. 4. a trusty. verb (used with object), trusteed, trusteeing.
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Guidelines for Individual Executors & Trustees As a first step, it is helpful to know the meaning of a few common terms: 1  Fiduciary - An individual or bank or trust company that acts for the benefit of another. 2  Grantor - (Also called settlor or trustor) An individual who transfers property to a trustee to hold or own subject to the terms of the trust agreement setting forth your wishes.
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- A person legally appointed and authorized to hold assets in trust for another person. The fiduciary manages the assets for the benefit of the other person rather than for his or her own profit. 2. A loan made on trust rather than against some security or asset.
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trusting trust definition A combination of firms or corporations for the purpose of reducing competition and controlling prices throughout a business or industry. Trusts are generally prohibited or restricted by antitrust legislation.
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stocky The definition of stocky is someone who is broad and sturdily built or who is somewhat heavyset. An example of stocky is a shorter man with broad shoulders and big bones. YourDictionary definition and usage example.
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Definitions &Translations Princeton's WordNet(2.33 / 3 votes)Rate this definition: trust(noun) something (as property) held by one party (the trustee) for the benefit of another (the beneficiary) he is the beneficiary of a generous trust set up by his father. reliance, trust(noun) certainty based on past experience.
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United States trust law DEFINITION of 'Trustor'. An individual or organization that gifts funds or assets to others by transferring fiduciary duty to a third party trustee that will maintain the assets for the benefit of the beneficiaries. Next Up. Also referred to as a grantor, the trustor is the party that generally donates or gifts assets to others.
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law Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia, Wikipedia. trust fund. n. A collection of property, especially money and securities, held by one party, such as a parent, for the benefit of another, such as a child.
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What Symbolism Is There on the Iwo Jima Memorial? The U.S. Marine Corps War Memorial, also known as the Iwo Jima Memorial, is based on the iconic photograph taken by Associated Press photographer Jos Rosenthal, who was present on Iwo Jima when the second American flag was raised on Mount Suribachi.he men who raised the second flag on Iwo Jima represent a cross section of America, according to the American Society of Landscape Architects guide for members visiting Washington, D.C. Hayes was a full-blood Pima Indian. Shrunk was a Pennsylvania coal miner and Block was drafted from the Texas oil fields.
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Trust Related Tags. Trust is the sixth full-length album by the slowcore band Low, released in 2002 on the Kranky label (see 2002 in music). As of 2011, the songs Canada, In the Drugs and Point of Disgust still regularly appear in the band's live set lists.
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trustbuster noun trust·bust·er \ ˈtrəst-ˌbəs-tər \ legal Definition of trustbuster : one and especially a federal officer who seeks to break up trusts by prosecution under the antitrust laws
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- DEFINITION of 'Fiduciary'. 1. A person legally appointed and authorized to hold assets in trust for another person. The fiduciary manages the assets for the benefit of the other person rather than for his or her own profit.2.A loan made on trust rather than against some security or asset. person legally appointed and authorized to hold assets in trust for another person. The fiduciary manages the assets for the benefit of the other person rather than for his or her own profit. 2.
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What Is a Trust? What Is a Trust? A trust is traditionally used for minimizing estate taxes and can offer other benefits as part of a well-crafted estate plan. A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries.
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Living Trust Information A trust is an arrangement whereby property is managed by one person, called the trustee, for the benefit of another person, called the beneficiary. The trustee holds legal title to the property, and owes a fiduciary duty to the trustee.
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Words that deserve wider use Definition of wily - skilled at gaining an advantage, especially deceitfully Definition of wily - skilled at gaining an advantage, especially deceitfully dictionary
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Living Trust Information A trust is an arrangement whereby property is managed by one person, called the trustee, for the benefit of another person, called the beneficiary. The trustee holds legal title to the property, and owes a fiduciary duty to the trustee.The trust is created by the grantor, who entrusts his or her property to the trustee for the benefit of the beneficiary of his or her choice.The grantor does not have to designate someone else to be the trustee, but may choose to be the trustee himself.he trust is created by the grantor, who entrusts his or her property to the trustee for the benefit of the beneficiary of his or her choice. The grantor does not have to designate someone else to be the trustee, but may choose to be the trustee himself.
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Web Video / Hitler Rants used for describing a person or thing that you have known or had for a long time and can depend on his trusty typewriter. Synonyms and related words. Reliable and trustworthy:does (exactly) what it says on the tin, reliable, trustworthy... Explore Thesaurus.
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- Trust is about the intersection of the past and future. It's taking the evidence of the past (sometimes your own past and references) and extrapolating that into the future - what can I expect going forward? - and then being able to apply this information within a context of risk. To trust a human being is to be able to anticipate generally how they'll behave in most of the future situations in which you might encounter them, and to feel comfort in taking an (often emotional) risk based on that.
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Fiduciary A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties (person or group of persons). Typically, a fiduciary prudently takes care of money or other asset for another person.