express trust
noun[C]
ukusLAW
atrust(=legalarrangementin which apersonororganizationcontrolsanother'sassets)whoseconditionsarestatedby thepersonmaking it,ratherthan beingagreedby alegalprocessin acourt:
Anexpresstrustiscreatedby a settlor (thepersonsetting up thetrust) givingexplicitinstructionsas to how his or herpropertyis to beheld.
Compare
constructive trust
implied trust