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Mar 16, 2024 · A trust is a legal entity with separate and distinct rights, similar to a person or corporation. In a trust, a party known as a trustor gives another party, the trustee, the right to...
to believe that someone is good and honest and will not harm you, or that something is safe and reliable: My sister warned me not to trust him. Trust me - I know about these things. Trust your instincts, and do what you think is right. I don't trust air travel - it's unnatural. [ + obj + to infinitive ] I trust him to make the right decision.
4 days ago · The Indian Trust Act, 1882 ('Act') governs the private trusts established in India. This Act is applicable to the whole of India. But, it does not apply to the Waqf, mutual relations of the members of an undivided family determined by any customary or personal law and religious or charitable endowments. Public trusts in India are usually ...
Key Takeaways. Understand the basics of what a Trust is and its benefits under the Income Tax Act. Differentiate between private Trusts, which focus on family wealth protection, and charitable Trusts for social welfare. Identify the differences between revocable and irrevocable Trusts and their roles in asset transfer and protection.
1. a. : assured reliance on the character, ability, strength, or truth of someone or something. b. : one in which confidence is placed. 2. a. : dependence on something future or contingent : hope. b. : reliance on future payment for property (such as merchandise) delivered : credit. bought furniture on trust. 3. a.
to believe that someone is good and honest and will not harm you, or that something is safe and reliable: My sister warned me not to trust him. Trust me - I know about these things. Trust your instincts, and do what you think is right. I don't trust air travel - it's unnatural. [ + obj + to infinitive ] I trust him to make the right decision.
Trust definition: reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence.. See examples of TRUST used in a sentence.
to allow someone to look after someone or something because you believe they will be careful: I wouldn't trust him with my car. Trust sb (to do sth)! mainly UK informal. used to say that it is typical of someone to do something stupid: Trust Chris to leave the tickets at home! I trust (that) formal. used to say that you hope something is true:
trust implies instinctive unquestioning belief in and reliance upon something: to have trust in one's parents. confidence implies conscious trust because of good reasons, definite evidence, or past experience: to have confidence in the outcome of events. assurance implies absolute confidence and certainty: to feel an assurance of victory.
[uncountable] the belief that somebody/something is good, sincere, honest, etc. and will not try to harm or trick you. Our partnership is based on trust. This is a relationship built on mutual trust. It has taken years to earn their trust. We worked hard to gain the trust of local people. Talking openly with your team helps to build trust.
