active trust


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Noun1.active trust - a trust in which the trustee must perform certain dutiesactive trust - a trust in which the trustee must perform certain duties
trust - something (as property) held by one party (the trustee) for the benefit of another (the beneficiary); "he is the beneficiary of a generous trust set up by his father"
passive trust - a trust in which the trustee performs no active duties
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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At the end of 2018, the BSP said there are 31 financial institutions with active trust operations.
Funded by the Arts Council of Wales' Creative Collaborations scheme and supported by the Arts Active Trust, the final result will be unveiled at a Yellow Jersey Festival in July featuring music created across the project.
There were 37 financial institutions with trust license but only 34 have active trust operations.
Active Trust: Secure and Trustable Routing in Wireless Sensor Networks.
From Balakot to Muzafarabad to Chikar to Bagh to Rawalakot the relatively maximum shake were reported by local inhabitants on this active trust line than vicinity areas.
In addition to IDA/IBRD operations, the portfolio consists of two active trust fund projects in the amount of US$2.4 million that support ongoing project preparation and implementation.
In 2014, there were approximately 206 banks, 140 active trust licenses, 765 captive insurance companies, six money service businesses, and more than 92,000 companies licensed or registered in the Cayman Islands.
For example, banks with active trust departments are often setting up special eldercare services for selected clients.