Akademik

implied trust
implied trust implied trust trust

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implied trust UK US noun [C or U] LAW
a type of trust (= a legal arrangement in which someone is given control over another person's money or property) that a court decides it was someone's intention to create, although it was not clearly stated
Compare CONSTRUCTIVE TRUST(Cf. ↑constructive trust), EXPRESS TRUST(Cf. ↑express trust)

Financial and business terms. 2012.