A trust or corporate trust is a large grouping of business interests with significant market power, which may be embodied as a corporation or as a group of corporations that cooperate with one another in various ways. These ways can include constituting a trade association, owning stock in one another, constituting a corporate group (sometimes specifically a conglomerate), or combinations thereof. The term trust is often used in a historical sense to refer to monopolies or near-monopolies in the United States during the Second Industrial Revolution in the 19th century and early 20th century. The use of corporate trusts during this period is the historical reason for the name "antitrust law". In the broader sense of the term, relating to trust law, a trust is a centuries-old legal arrangement whereby one party conveys legal possession and title of certain property to a second party, called a trustee. The trustee holds the property, while any benefit from the property accrues to yet another person, the beneficiary. Trusts are commonly used to hold inheritances for the benefit of children and other family members, for example. In business, such trusts, with corporate entities as the trustees, have sometimes been used to combine several large businesses in order to exert complete control over a market, which is how the narrower sense of the term grew out of the broader sense. In the United States, the use of corporate trusts died out in the early 20th century as U.S. states passed laws making it easier to create new corporations. History The OED dates use of the word trust in a business organization sense from 1825.

From Wikipedia (CC BY-SA 4.0).

Notable quotes

“A person who trusts no one cannot be trusted.”
— Jerome Blattner, as quoted in Microeconomic Theory second edition: Concepts and Connections (2013) by Michael E. Wetzstein, Routledge; and in Quotes on Trustworthiness at academicintegrity.org
“All our progress is an unfolding, like the vegetable bud. You have first an instinct, then an opinion, then a knowledge, as the plant has root, bud, and fruit. Trust the instinct to the end, though you can render no reason. It is vain to hurry it. By trusting it to the end it shall ripen into truth, and you shall know why you believe.”
— Ralph Waldo Emerson, Essays (First series, 1841), Essay XI : Intellect.
“To be trusted is a greater compliment than to be loved.”
— George MacDonald, The Marquis of Lossie (1877), Chapter IV.
“If strong trust is not knotted in the foundation of love, a home that could shield its inhabitants could not be built. And life could not be lived wet, whether it be in rain or tears.”
— Sanu Sharma, Utsarga
“We have a saying in the movement that we don't trust anybody over 30.”
— , twenty-four year old leader of the Free Speech Movement at the University of California, Berkeley, California, interview with San Francisco Chronicle reporter, c. 1965. Weinberg later said he did not actually believe the statement, but said it as a kind of taunt to a question asking if there were outside adults manipulating the organization. Reported in The Washington Post (March 23, 1970), p. A1.
“Thou trustest in the staff of this broken reed.”
— Isaiah. XXXVI. 6.

Quotes via Wikiquote (CC BY-SA), each with its original source.

Notable quotes

“A person who trusts no one cannot be trusted.”
— Jerome Blattner, as quoted in Microeconomic Theory second edition: Concepts and Connections (2013) by Michael E. Wetzstein, Routledge; and in Quotes on Trustworthiness at academicintegrity.org
“All our progress is an unfolding, like the vegetable bud. You have first an instinct, then an opinion, then a knowledge, as the plant has root, bud, and fruit. Trust the instinct to the end, though you can render no reason. It is vain to hurry it. By trusting it to the end it shall ripen into truth, and you shall know why you believe.”
— Ralph Waldo Emerson, Essays (First series, 1841), Essay XI : Intellect.
“To be trusted is a greater compliment than to be loved.”
— George MacDonald, The Marquis of Lossie (1877), Chapter IV.
“If strong trust is not knotted in the foundation of love, a home that could shield its inhabitants could not be built. And life could not be lived wet, whether it be in rain or tears.”
— Sanu Sharma, Utsarga
“We have a saying in the movement that we don't trust anybody over 30.”
— , twenty-four year old leader of the Free Speech Movement at the University of California, Berkeley, California, interview with San Francisco Chronicle reporter, c. 1965. Weinberg later said he did not actually believe the statement, but said it as a kind of taunt to a question asking if there were outside adults manipulating the organization. Reported in The Washington Post (March 23, 1970), p. A1.
“Thou trustest in the staff of this broken reed.”
— Isaiah. XXXVI. 6.

Quotes via Wikiquote (CC BY-SA), each with its original source.

Not who you're looking for? Others named trust: computer system for tracking trains · Dutch electronics manufacturer · 2006 album by Saga · album by Elvis Costello and the Attractions

Overview

A trust or corporate trust is a large grouping of business interests with significant market power, which may be embodied as a corporation or as a group of corporations that cooperate with one another in various ways. These ways can include constituting a trade association, owning stock in one another, constituting a corporate group (sometimes specifically a conglomerate), or combinations thereof. The term trust is often used in a historical sense to refer to monopolies or near-monopolies in the United States during the Second Industrial Revolution in the 19th century and early 20th century. The use of corporate trusts during this period is the historical reason for the name "antitrust law". In the broader sense of the term, relating to trust law, a trust is a centuries-old legal arrangement whereby one party conveys legal possession and title of certain property to a second party, called a trustee. The trustee holds the property, while any benefit from the property accrues to yet another person, the beneficiary. Trusts are commonly used to hold inheritances for the benefit of children and other family members, for example. In business, such trusts, with corporate entities as the trustees, have sometimes been used to combine several large businesses in order to exert complete control over a market, which is how the narrower sense of the term grew out of the broader sense. In the United States, the use of corporate trusts died out in the early 20th century as U.S. states passed laws making it easier to create new corporations. History The OED dates use of the word trust in a business organization sense from 1825.

From Wikipedia (CC BY-SA 4.0).

A trust or corporate trust is a large grouping of business interests with significant market power, which may be embodied as a corporation or as a group of corporations that cooperate with one another in various ways. These ways can include constituting a trade association, owning stock in one another, constituting a corporate group (sometimes specifically a conglomerate), or combinations thereof. The term trust is often used in a historical sense to refer to monopolies or near-monopolies in the United States during the Second Industrial Revolution in the 19th century and early 20th century. The use of corporate trusts during this period is the historical reason for the name "antitrust law".

trust across IJR

Open questions

do assets in an irrevocable trust get a step up in basis?can an irrevocable trust be an s corporation shareholder what are some ways to show a trust rating?

On Watch

Ted Lasso — Season 4 Official Trailer (Trust the Process) | Apple TVApple TV

Ask Genius about trust Create in Studio Build a game Watch videos