Trust
In general, trust refers to an aspect of a relationship between two parties, by which a given situation is mutually understood, and commitments are made toward actions in favor of a desired outcome. In contrast with hope, trust is almost strictly interpersonal. In contrast with faith, trust is almost always considered a subordinate material form whereas "faith" is typically reserved for a "higher power" — God, etc.
Property law
- A trust is a legal arrangement for the ownership and management of property by one on behalf of another. For the USA law see Trust (Law) USA and for other jurisdictions see Trust (Law) non-USA. See also escrow.
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