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单词 bare trust
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bare trust
bare trust n. Law (chiefly British) a trust that imposes no active duties on the trustee, other than that of conveying the property to the beneficiary when required; a naked, simple, or passive trust (opposed to active trust).
ΚΠ
1648 J. March Reports 152 Being a bare trust, is not taken away by the Statute of Limitations.
1725 G. Jacob Student's Compan. 49 There is but a bare Trust and Authority, which ought to be strictly observed.
1825 J. H. Leigh & R. Dalzell Treat. Equitable Doctr. Conversion Prop. ii. 8 There is a bare trust given to the executors.
1912 S. F. Mordecai Law Notes II. 548 Only naked or bare trusts can be reached under these statutes.
2015 Sunday Independent (Ireland) (Nexis) 15 Feb. (Business section) 10 In the current low deposit interest rate environment, it would also be a good idea to consider setting up a bare trust.
extracted from bareadj.adv.n.
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