Search Result for "resulting trust":
Wordnet 3.0

NOUN (1)

1. a trust created by a court when it is judged that it was the intention of the parties to create a trust;


The Collaborative International Dictionary of English v.0.48:

Result \Re*sult"\, v. i. [imp. & p. p. Resulted; p. pr. & vb. n. Resulting.] [F. r['e]sulter, fr. L. resultare, resultarum, to spring or leap back, v. intens. fr. resilire. See Resile.] 1. To leap back; to rebound. [Obs.] [1913 Webster] The huge round stone, resulting with a bound. --Pope. [1913 Webster] 2. To come out, or have an issue; to terminate; to have consequences; -- followed by in; as, this measure will result in good or in evil. [1913 Webster] 3. To proceed, spring, or rise, as a consequence, from facts, arguments, premises, combination of circumstances, consultation, thought, or endeavor. [1913 Webster] Pleasure and peace do naturally result from a holy and good life. --Tillotson. [1913 Webster] Resulting trust (Law), a trust raised by implication for the benefit of a party granting an estate. The phrase is also applied to a trust raised by implication for the benefit of a party who advances the purchase money of an estate, etc. --Bouvier. Resulting use (Law), a use which, being limited by the deed, expires or can not vest, and thence returns to him who raised it. --Bouvier. [1913 Webster] Syn: To proceed; spring; rise; arise; ensue; terminate. [1913 Webster]
WordNet (r) 3.0 (2006):

resulting trust n 1: a trust created by a court when it is judged that it was the intention of the parties to create a trust