simple past tense of take on trust

present participle of take on trust

past participle of take on trust

Third-person singular simple present indicative form of take on trust

Used other than figuratively or idiomatically: see trust, someone, to. / It is predictable for someone to.

(law) A trust created where a creditor has lent money to a debtor for a particular purpose. If the debtor uses the money for other purposes, it is held on trust for the creditor. Any inappropriately spent money can then be traced and returned to the creditor.

Alternative form of charitable trust

(21st century) To have faith or be confident that everything will work out as planned.

(law) Property held by a trustee in a trust established by a grantor for a beneficiary. / Loosely, a substantial inheritance of money.

(law) A trust that is created for the benefit of a person (often because that beneficiary is unable to control spending) that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary, thus keeping the funds in the trust beyond the reach of creditors.