DEFINITION of 'Trust'. A fiduciary relationship in which one party, known as a trustor, gives another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiary. There are two types of trusts: 1. Living Trust (inter-vivos): A trust that is in effect during the trustor's lifetime. 2.
1. deteriorate-become worse or disintegrate; His mind deteriorated. go to pot, go to the dogs-become ruined; His business went to pot when economy soured. decay, dilapidate, crumble-fall into decay or ruin; The unoccupied house started to decay.
1. to grind or wear down or away or become ground or worn down or away. 2. to deteriorate or cause to deteriorate: jealousy eroded the relationship. 3. (Pathology) pathol (tr; usually passive) to remove (tissue) by ulceration. [C17: from Latin ÄrÅdere, from ex- 1 + rÅdere to gnaw]. (ÉªËroÊd). v. eâ¢rodâ¢ed, eâ¢rodâ¢ing.