resulting trust
Hello, you have come here looking for the meaning of the word resulting trust. In DICTIOUS you will not only get to know all the dictionary meanings for the word resulting trust, but we will also tell you about its etymology, its characteristics and you will know how to say resulting trust in singular and plural. Everything you need to know about the word resulting trust you have here. The definition of the word resulting trust will help you to be more precise and correct when speaking or writing your texts. Knowing the definition ofresulting trust, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Noun
resulting trust (plural resulting trusts)
- (law) A trust that is implied in law, under which property entrusted to one party is not to be used for the benefit of that party, but for that party to use for the benefit of a third party.
Translations
trust that is implied in law, under which property entrusted to one party is not to be used for the benefit of that party, but for that party to use for the benefit of a third party
|