HyperDic: direct_trust

English > 1 sense of the expression direct trust:
NOUNpossessiondirect trust, express trusta trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation)
English > direct trust: 1 sense > noun 1, possession
MeaningA trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation).
Synonymexpress trust
BroadertrustSomething (as property) held by one party (the trustee) for the benefit of another (the beneficiary)

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