HyperDic: implied_trust

English > 1 sense of the expression implied trust:
NOUNpossessionimplied trusta trust inferred / inferred by operation of law
English > implied trust: 1 sense > noun 1, possession
MeaningA trust inferred / inferred by operation of law.
Narrowerconstructive trust, involuntary trustA trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights
resulting trustA trust created by a court when it is judged that it was the intention of the parties to create a trust
BroadertrustSomething (as property) held by one party (the trustee) for the benefit of another (the beneficiary)

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