active trust

/ˌæktɪv trəst/
IPA guide

Definitions of active trust
  1. noun
    a trust in which the trustee must perform certain duties
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    antonyms:
    passive trust
    a trust in which the trustee performs no active duties
    type of:
    trust
    something (as property) held by one party (the trustee) for the benefit of another (the beneficiary)
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