Trust: Canada Debt .ca defines Trust

Bankruptcy Term Trust

<<< Back

Canada Debt has the definition to the bankruptcy and debt term Trust. Finding answers to terms such as Trust can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Trust in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Trust' is used as follows:

A property interest held by one person at the request of another for the benefit of a third party.