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Active Trust

Definition of the noun active trust

What does active trust mean as a name of something?


  1. a trust in which the trustee must perform certain duties
    • lexical domain: Possessions - nouns denoting possession and transfer of possession
    • antonym: passive trust
    • more generic word: trust = something (as property) held by one party (the trustee) for the benefit of another

Printed dictionaries and other books with definitions for Active Trust

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Google previewA Dictionary of Taxation (2012)

by Simon R. James

active trust 5 accumulated earnings tax US tax on accumulated taxable income of a corporation. ACE 1. adjusted current earnings. 2. allowancefor corporate equity . acqua vitae from the Latin, meaning water of life, the term was used for the ...

Google previewDictionary of Legal Terms, 5th edition

by Steven H. Gifis

ACTIVE TRUST a trust in which the trustee has affirmative duties to perform, requiring the exercise of sound personal discretion. Compare PASSIVE TRUST ( below). BANK TRUST see TOTTEN TRUST (below). BREACH OF TRUST see ...

Google previewLexicon of Trust & Foundation Practice (2016)

by John Goldsworth

Active trust Acquis communautaire: Also known as the 'community acquis', or the ' EU acquis': this is the whole body of European Community law comprising the treaty, regulations, directives, decisions and judicial opinions. Act of God: More ...

Google previewA Dictionary of Law (2009)

by Elizabeth A. Martin

A trust under which the trustee isunderno obligation except toholdthe trust propertyin trust for an adultbeneficiary who is * sui juris and to deal with the trust property only as instructed by the beneficiary (Compare ACTIVE TRUST ).

Google previewDictionary of Property and Construction Law (2002)

by J. Rostron, Robert Hardy-Pickering, Laura Tatham, Linda Wright

active trust A trust ...

Google previewThe Pocket Law Lexicon (1905)

Explaining Technical Words, Phrases, and Maxims of the English, Scotch, and Roman Law, to which is Added a Complete List of Law Reports, with Their Abbreviations

Active trust, one which has a duty connected with it, as opposed to a passive trust. See Bare. Actor, a term borrowed from the Roman law to signify the person who has the active claim in a judicial proceeding ...

Google previewA Concise Legal Dictionary

by Charles Erehart Chadman

A deed creating an active trust. In some states used as the equivalent of a mortgage deed. Tutels legitima. Tutelage or guardianship created by law. guardianship created by will. A teacher; a species of guardian. TRE—TUT 835 ...

Google previewEncyclopedia of Public Relations (2013)

by Robert L. Heath

a defining property of human ontological security, on which three other forms of trust depend: elementary or interpersonal, abstract or impersonal, and active trust—with each having its own evaluative mechanism that differentiates ...

Google previewMerriam-Webster's Dictionary of Law (1996)

by Merriam-Webster, Inc

which legal and equitable titles are merged in the beneficiaries — called also dry trust, naked trust; compare ACTIVE TRUST in this entry pour-over trust : a trust that receives the assets that make up its principal by operation of a testamentary ...

Google previewThe American and English Encyclopedia of Law (1896)

by David Shephard Garland, James Cockcroft, Lucius Polk McGehee, Charles Porterfield

A ACTIVE TRUST. (See also the title T RUSTS AND TRUSTEES.)—-Trusts are divided into two kinds: simple or passive, and active or special. In the former the trustee is passive and performs no duties, and the trust is therefore purely technical ...

Google previewWharton's Pocket Law Dictionary

Active trust, a confidence connected with a duty. See BARE TRUSTEE. Active use, formerly a use leaving the legal estate in the feoffee to uses, q.v. Activities, means any service provided by an outside worker in a controlled area for which the ...

Google previewMetaphysical Bible Dictionary (2013)

by Charles Fillmore

A firm, active trust in God, which is an encouragement and protection to the individual and is the forerunner of salvation (strong, vigorous, father of Isaiah—salvation of Jehovah, or God saves).

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