Trust is 1) a legal entity operated by a party (trustor) through which a second party (trustee) holds the right to manage the trustor’s assets or property for the benefit of a third party (beneficiary); 2) a legal term named people (trustee) hold property on behalf of other people (beneficiary); 3) to believe that is good and honest and will not harm, safe and reliable.
Related Definitions in the Project: The Business Organisation
