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.
decline | definition: grow worse | synonyms: retrogress, slip, tumble, deprive, fall away, drop away, degenerate, fail, suffer, come down, sicken, worsen, deteriorate, lose, impoverish, inflame, turn down, drop off, drop, turn, retrograde, regress, devolve, change state| antonyms: better, enrich, recuperate, progress, advisable