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in trust

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in trust

Especially of money or property, in the protection, care, or guardianship of a trustee. Following her parents' sudden deaths, the young heiress's fortune was held in trust by her paternal grandfather.

See also: trust

in trust

In the possession or care of a trustee, as in The money was held in trust for the children's education. This expression implies having confidence in someone (the trustee). [Mid-1500s]

See also: trust