noun
Meaning 1
A device by which a person establishes a trust for which there is neither a charitable purpose, nor a private beneficiary to enforce the trust (such as a trust for the care of pets or maintenance of cemetery plots), for which trustee is bound by honor, but not by law, to carry out the wishes of the trustor.
Definition source: English Wiktionary via Wiktextract
Topics: law
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided