ACTIVE TRUST

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does active trust mean? 

• ACTIVE TRUST (noun)
  The noun ACTIVE TRUST has 1 sense:

1. a trust in which the trustee must perform certain duties

  Familiarity information: ACTIVE TRUST used as a noun is very rare.

 Dictionary entry details 

• ACTIVE TRUST (noun)

Sense 1

Meaning:

A trust in which the trustee must perform certain duties

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("active trust" is a kind of...):

trust (something (as property) held by one party (the trustee) for the benefit of another (the beneficiary))

Antonym:

passive trust (a trust in which the trustee performs no active duties)