resulting trust
noun1
Law A trust that is implied in law, under which property entrusted to one party is not to be used for the benefit of that party, but for that party to use for the benefit of a third party.
- Related terms
- constructive trust
noun
Law A trust that is implied in law, under which property entrusted to one party is not to be used for the benefit of that party, but for that party to use for the benefit of a third party.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.