cartel
n
1 (Also called)
trust a collusive international association of independent enterprises formed to monopolize production and distribution of a product or service, control prices, etc.
2 (Politics) an alliance of parties or interests to further common aims (C20: from German Kartell, from French, from Italian cartello a written challenge, public notice, diminutive of carta card1)
brains trust
n
1 a group of knowledgeable people who discuss topics in public or on radio or television
2 (Also called)
brain trust (U.S.) a group of experts who advise the government
breach of trust
n (Law) a violation of duty by a trustee or any other person in a fiduciary
position
charitable trust
n a trust set up for the benefit of a charity that complies with the regulations of the Charity Commissioners to enable it to be exempt from paying income tax
discretionary trust
n a trust in which the beneficiaries' shares are not fixed in the trust deed but are left to the discretion of other persons, often the trustees
Historic Places Trust
n (in New Zealand) the statutory body concerned with the conservation of historic buildings, esp. with ancient Maori sites
investment trust
n a financial enterprise that invests its subscribed capital in securities for its investors' benefit
National Trust
n
1 (in Britain) an organization concerned with the preservation of historic buildings and monuments and areas of the countryside of great beauty in England, Wales, and Northern Ireland. It was founded in 1895 and incorporated by act of parliament in 1907. The National Trust for Scotland was founded in 1931
2 (in Australia) a similar organization in each of the states
trust
n
1 reliance on and confidence in the truth, worth, reliability, etc., of a person or thing; faith
Related adj →
fiducial
2 a group of commercial enterprises combined to monopolize and control the market for any commodity: illegal in the U.S.
3 the obligation of someone in a responsible position
a position of trust
4 custody, charge, or care
a child placed in my trust
5 a person or thing in which confidence or faith is placed
a an arrangement whereby a person to whom the legal title to property is conveyed (the trustee) holds such property for the benefit of those entitled to the beneficial interest
b property that is the subject of such an arrangement
c the confidence put in the trustee
Related adj →
fiduciary
8 (in the British National Health Service) a self-governing hospital, group of hospitals, or other body providing health-care services, which operates as an independent commercial unit within the NHS
9 See →
trust company →
trust account →
2
10 modifier of or relating to a trust or trusts
trust property
vb
11 tr; may take a clause as object to expect, hope, or suppose
I trust that you are well
12 when tr, may take an infinitive; when intr, often foll by: in or to to place confidence in (someone to do something); have faith (in); rely (upon)
I trust him to tell her
13 tr to consign for care
the child was trusted to my care
14 tr to allow (someone to do something) with confidence in his or her good sense or honesty
I trust my daughter to go
15 tr to extend business credit to
(C13: from Old Norse traust; related to Old High German Trost solace)
♦
trustable adj
♦
trustability n
♦
truster n
trust account
n
1 (Also called)
trustee account a savings account deposited in the name of a trustee who controls it during his lifetime, after which the balance is payable to a prenominated beneficiary
2 property under the control of a trustee or trustees
trust company
n a commercial bank or other enterprise organized to perform trustee functions, (Also called)
trust corporation
trust deed
n a document that transfers the legal title to property to a trustee
trust fund
n money, securities, etc., held in trust
trust hotel , tavern
n (N.Z) a licensed hotel or a bar owned by a publicly elected committee as trustees, the profits of which go to public amenities
trust territory
n sometimes cap another name for a →
trusteeship →
2
unit trust
n (Brit) an investment trust that issues units for public sale, the holders of which are creditors and not shareholders with their interests represented by a trust company independent of the issuing agency