- noun a legal arrangement to pass goods, money or valuables to someone who will look after them well
- noun the management of money or property for someone
- noun a small group of companies which control the supply of a product
- noun an organisation which supervises the financial affairs of private trusts, executes wills, and acts as a bank to a limited number of customers
- noun the duty of looking after goods, money or property which someone has passed to you as trustee
Information & Library Science
- noun a financial arrangement where a company keeps and invests money for someone
- noun a feeling of confidence that something is correct, will work, etc.
- noun money. The slang usage, possibly from trust-fund, has been in vogue since around 2000.
Origin & History of “trust”
Trust was probably borrowed from Old Norse traust ‘help, confidence, firmness’. this, together with its modern German and Dutch relatives trost and troost ‘consolation’, goes back to the same prehistoric Germanic base as produced English true and truth. Tryst (14th c.) is probably closely related. It was borrowed from Old French triste ‘appointed place for positioning oneself during a hunt’, which itself was very likely acquired from a Scandinavian source connected with traust.