honorary trust
nounDefinitions
A device by which a person establishes a trust for which there is neither a charitable…
A device by which a person establishes a trust for which there is neither a charitable purpose, nor a private beneficiary to enforce the trust (such as a trust for the care of pets or maintenance of cemetery plots), for which trustee is bound by honor, but not by law, to carry out the wishes of the trustor.
The neighborhood
Vish — recursive loop
No curated loop yet for honorary trust. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA