HyperDic: active_trust

English > 1 sense of the expression active trust:
NOUNpossessionactive trusta trust in which the trustee must perform certain duties
English > active trust: 1 sense > noun 1, possession
MeaningA trust in which the trustee must perform certain duties.
BroadertrustSomething (as property) held by one party (the trustee) for the benefit of another (the beneficiary)
Oppositepassive trustA trust in which the trustee performs no active duties

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