| English Dictionary |
PASSIVE TRUST
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| IPA (US): |  |
Dictionary entry overview: What does passive trust mean?
• PASSIVE TRUST (noun)
The noun PASSIVE TRUST has 1 sense:
1. a trust in which the trustee performs no active duties
Familiarity information: PASSIVE TRUST used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A trust in which the trustee performs no active duties
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("passive trust" is a kind of...):
trust (something (as property) held by one party (the trustee) for the benefit of another (the beneficiary))
Antonym:
active trust (a trust in which the trustee must perform certain duties)
| Learn English with... Proverbs |
"Kill two birds with one stone." (English proverb)
"Many have fallen with the bottle in their hand." (Native American proverb, Lakota)
"Will take one to the water and bring him back thirsty." (Armenian proverb)
"A fine rain still soaks you to the bone, but no one takes it seriously." (Corsican proverb)
"Many have fallen with the bottle in their hand." (Native American proverb, Lakota)
"Will take one to the water and bring him back thirsty." (Armenian proverb)
"A fine rain still soaks you to the bone, but no one takes it seriously." (Corsican proverb)