trust

n. [ OE. trust, trost, Icel. traust confidence, security; akin to Dan. & Sw. tröst comfort, consolation, G. trost, Goth. trausti a convention, covenant, and E. true. See True, and cf. Tryst. ] 1. Assured resting of the mind on the integrity, veracity, justice, friendship, or other sound principle, of another person; confidence; reliance; reliance. “O ever-failing trust in mortal strength!” Milton. [ 1913 Webster ]

Most take things upon trust. Locke. [ 1913 Webster ]

2. Credit given; especially, delivery of property or merchandise in reliance upon future payment; exchange without immediate receipt of an equivalent; as, to sell or buy goods on trust. [ 1913 Webster ]

3. Assured anticipation; dependence upon something future or contingent, as if present or actual; hope; belief. “Such trust have we through Christ.” 2 Cor. iii. 4. [ 1913 Webster ]

His trust was with the Eternal to be deemed
Equal in strength. Milton. [ 1913 Webster ]

4. That which is committed or intrusted to one; something received in confidence; charge; deposit. [ 1913 Webster ]

5. The condition or obligation of one to whom anything is confided; responsible charge or office. [ 1913 Webster ]

[ I ] serve him truly that will put me in trust. Shak. [ 1913 Webster ]

Reward them well, if they observe their trust. Denham. [ 1913 Webster ]

6. That upon which confidence is reposed; ground of reliance; hope. [ 1913 Webster ]

O Lord God, thou art my trust from my youth. Ps. lxxi. 5. [ 1913 Webster ]

7. (Law) An estate devised or granted in confidence that the devisee or grantee shall convey it, or dispose of the profits, at the will, or for the benefit, of another; an estate held for the use of another; a confidence respecting property reposed in one person, who is termed the trustee, for the benefit of another, who is called the cestui que trust. [ 1913 Webster ]

8. An equitable right or interest in property distinct from the legal ownership thereof; a use (as it existed before the Statute of Uses); also, a property interest held by one person for the benefit of another. Trusts are active, or special, express, implied, constructive, etc. In a
passive trust the trustee simply has title to the trust property, while its control and management are in the beneficiary. [ Webster 1913 Suppl. ]

9. A business organization or combination consisting of a number of firms or corporations operating, and often united, under an agreement creating a trust (in sense 1), esp. one formed mainly for the purpose of regulating the supply and price of commodities, etc.; often, opprobriously, a combination formed for the purpose of controlling or monopolizing a trade, industry, or business, by doing acts in restraint or trade; as, a sugar trust. A trust may take the form of a corporation or of a body of persons or corporations acting together by mutual arrangement, as under a contract or a so-called gentlemen's agreement. When it consists of corporations it may be effected by putting a majority of their stock either in the hands of a board of trustees (whence the name trust for the combination) or by transferring a majority to a holding company. The advantages of a trust are partly due to the economies made possible in carrying on a large business, as well as the doing away with competition. In the United States severe statutes against trusts have been passed by the Federal government and in many States, with elaborate statutory definitions. [ Webster 1913 Suppl. ]

Syn. -- Confidence; belief; faith; hope; expectation. [ 1913 Webster ]

Trust deed (Law), a deed conveying property to a trustee, for some specific use. [ 1913 Webster ]

a. Held in trust; as, trust property; trustmoney. [ 1913 Webster ]

v. t. [ imp. & p. p. Trusted; p. pr. & vb. n. Trusting. ] [ OE. trusten, trosten. See Trust, n. ] 1. To place confidence in; to rely on, to confide, or repose faith, in; as, we can not trust those who have deceived us. [ 1913 Webster ]

I will never trust his word after. Shak. [ 1913 Webster ]

He that trusts every one without reserve will at last be deceived. Johnson. [ 1913 Webster ]

2. To give credence to; to believe; to credit. [ 1913 Webster ]

Trust me, you look well. Shak. [ 1913 Webster ]

3. To hope confidently; to believe; -- usually with a phrase or infinitive clause as the object. [ 1913 Webster ]

I trust to come unto you, and speak face to face. 2 John 12. [ 1913 Webster ]

We trustwe have a good conscience. Heb. xiii. 18. [ 1913 Webster ]

4. to show confidence in a person by intrusting (him) with something. [ 1913 Webster ]

Whom, with your power and fortune, sir, you trust,
Now to suspect is vain. Dryden. [ 1913 Webster ]

5. To commit, as to one's care; to intrust. [ 1913 Webster ]

Merchants were not willing to trust precious cargoes to any custody but that of a man-of-war. Macaulay. [ 1913 Webster ]

6. To give credit to; to sell to upon credit, or in confidence of future payment; as, merchants and manufacturers trust their customers annually with goods. [ 1913 Webster ]

7. To risk; to venture confidently. [ 1913 Webster ]

[ Beguiled ] by thee
to trust thee from my side. Milton. [ 1913 Webster ]

. Any corporation formed for the purpose of acting as trustee. Such companies usually do more or less of a banking business. [ Webster 1913 Suppl. ]

v. t. 1. To commit (property) to the care of a trustee; as, to trustee an estate. [ 1913 Webster ]

2. (Law) To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor. [ U. S. ] [ 1913 Webster ]

n. (Law) A person to whom property is legally committed in trust, to be applied either for the benefit of specified individuals, or for public uses; one who is intrusted with property for the benefit of another; also, a person in whose hands the effects of another are attached in a trustee process. [ 1913 Webster ]

Trustee process (Law), a process by which a creditor may attach his debtor's goods, effects, and credits, in the hands of a third person; -- called, in some States, the process of foreign attachment, garnishment, or factorizing process. [ U. S. ] [ 1913 Webster ]

. (Law) The process of attachment by garnishment. [ U. S. ] [ Webster 1913 Suppl. ]

n. The office or duty of a trustee. [ 1913 Webster ]