HyperDic: direct_trust

English > 1 sense of the expression *direct trust*:
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)

English > *direct trust*: 1 sense > noun 1, possession
Meaning	A trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation).
Synonym	express trust
Broader	trust	Something (as property) held by one party (the trustee) for the benefit of another (the beneficiary)