implied trust
Noun
-
A trust inferred by operation of law (synset 113383003)
is a type of: trust - something (as property) held by one party (the trustee) for the benefit of another (the beneficiary)subtypes:
- constructive trust, involuntary trust - a trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights
- resulting trust - a trust created by a court when it is judged that it was the intention of the parties to create a trust
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