Trust

Trust

Monetary fund held and managed by one person to benefit an individual or others.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Personal life
Category: Funeral
Company:
Product:
Acronym-Abbreviation:

Collect to Blossary

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Related terms

trust

Banking; Investment banking

(1) A sum of money or property held and administered by trustees on behalf of a third party. Under UK/US law, both the trustees and the beneficiaries are regarded as being the ...

trust

Personal life; Funeral

Monetary fund held and managed by one person to benefit an individual or others.

trust

Economy; Economics

One of the most valuable economic assets, hard to create but easy to destroy - a crucial ingredient of a country's social capital. People are more likely to do business together ...

trust

Legal services; Courts

A legal device used to manage real or personal property, established by one person (grantor or settlor) for the benefit of another (beneficiary).

trust

Economy; International economics

An arrangement in which the stock of several companies is controlled by a single entity. When the companies compete in the same industry and together constitute a significant ...

perpetual care trust fund

Personal life; Funeral

Portion of burial plot cost set aside in trust for ongoing care.

mourner

Personal life; Funeral

One who is present at the funeral out of affection or respect for the deceased.

pallbearers

Personal life; Funeral

Individuals whose duty is to carry the casket when necessary during funeral service. Pallbearers in some sections of the country are hired and in other sections are close friends ...

opening and closing fees

Personal life; Funeral

Fees the cemetery charges for digging and refilling a grave.

obituary

Personal life; Funeral

A brief notice of the death of a person, particularly a newspaper notice, which usually lists the name of the deceased, the age, and a biographical sketch. Newspapers may or may ...