Resulting trust

Resulting trust
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]

The Collaborative International Dictionary of English. 2000.

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Look at other dictionaries:

  • resulting trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. resulting trust …   Law dictionary

  • Resulting trust — A resulting trust (from the Latin resultare meaning to jump back ) is a situation where property results back to the transferor. In this instance, the word result means in the result, remains with , or something similar to revert except that in… …   Wikipedia

  • resulting trust — A trust, sometimes called a presumptive trust, but a real trust raised by operation, implication, or presumption of law from acts, relations, or the situation of the parties from which air intent to create a trust appears. Dunn v Zwilling Bros.… …   Ballentine's law dictionary

  • resulting trust — noun a trust created by a court when it is judged that it was the intention of the parties to create a trust • Hypernyms: ↑implied trust * * * noun : a trust based upon the presumed intentions of the parties as inferred from all the circumstances …   Useful english dictionary

  • resulting trust — noun A trust that is implied in law, under which property entrusted to one party is not to be used for the benefit of that party, but for that party to use for the benefit of a third party …   Wiktionary

  • purchase money resulting trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… …   Law dictionary

  • trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… …   Black's law dictionary

  • Trust law — In common law legal systems, a trust is an arrangement whereby property (including real, tangible and intangible) is managed by one person (or persons, or organizations) for the benefit of another. A trust is created by a settlor, who entrusts… …   Wikipedia

  • Trust (Recht) — Ein Trust ist im juristischen Sinn eine von einer Person unter Lebenden[1] oder für den Todesfall[2] geschaffenen Rechtsbeziehung,[3] wenn Vermögen zugunsten eines Begünstigten oder für einen bestimmten Zweck abgesondert und der gebundenen… …   Deutsch Wikipedia

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