| NOUN | possession | direct trust, express trust | a trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation) |
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| Meaning | A trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation). | |
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| Synonym | express trust | |
| Broader | trust | Something (as property) held by one party (the trustee) for the benefit of another (the beneficiary) |
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