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Express trust   /ɪksprˈɛs trəst/   Listen
Express trust

noun
1.
A trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation).  Synonym: direct trust.






WordNet 3.0 © 2010 Princeton University








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"Express trust" Quotes from Famous Books



... materially enhance the pecuniary prosperity of some of the most valued friends I have on earth,—friends for whose accommodation I would be willing to make almost any sacrifice not involving my personal honor or my fidelity as the trustee of an express trust. And that fact of itself would be sufficient to countervail almost any objection I might entertain to the passage of this bill not inspired by an imperative and inexorable ...
— The Wit and Humor of America, Volume VIII (of X) • Various



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