Webster's oniline dictionary defines trust as:
1 a: assured reliance on the character, ability, strength, or truth of someone or something b: one in which confidence is placed:
2 a: dependence on something future or contingent: Hope
b: reliance on future payment for property (as merchandise) delivered : Credit <bought furniture on trust>
3 a: a property interest held by one person for the benefit of another b: a combination of firms or corporations formed by a legal agreement ; especially : one that reduces or threatens to reduce competition
4archaic : trustworthyness
5 a (1): a charge or duty imposed in faith or confidence or as a condition of some relationship
(2): something committed or entrusted to one to be used or cared for in the interest of another
b: responsible charge or office c: care, custody
— in trust : in the care or possession of a trustee
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1 comment:
Trust as a human entity has three relevant stages: the past, the present and the future. Trust is not like the stock market past performance does provide an indicator of the future level of trust.
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