trust contract

USAGE SUMMARY

"trust contract" is a correct and usable phrase in written English.
You can use it when talking about a legally binding agreement or document that states one party's trust and confidence in another party's capabilities. For example: "This trust contract outlines our agreement for me to manage your investments."

✓ Grammatically correct

News & Media

Encyclopedias

Science

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

Nación Fideicomisos, Ms. Fernández's proposed replacement, does not fit the contractural requirement that any trustee must have its Corporate Trust Office in Manhattan and be in good legal standing in the United States.Argentina could seek to amend the trust contract, but to do so it would need to garner support from more than two-thirds of bondholders.

The Economist

The "trust contract" is now two-way.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

By early modern times this warehousing function had given way in most cases to genuine intermediation, with deposits becoming debt, as opposed to bailment (delivery in trust) contracts, and depositors sharing in bank interest earnings instead of paying fees.

Encyclopedia Britannica

In the Chinachem case, Ms. Wang signed several lending and trust contracts in 1995 with the mainland Chinese firm that was to hold the bank stake, China Small and Medium Enterprise Investment Development, or China S.M.E.

The New York Times

On 24 September, the CQC wrote to Leeds and York Partnership trust (LYPFT) – the NHS trust contracted to provide services at Bootham Park until 1 October – saying it had until midnight on 30 September to remove the hospital's 30 inpatients.

The Guardian

Robert Shiller of Yale found in a 1996 public opinion survey that slightly more Americans agreed than disagreed with this statement: "An important reason not to trust contracts indexed to inflation is that someone in the government might deliberately falsify the inflation numbers to take advantage of people like me".

The New York Times

The legal firm Irwin Mitchell has focused its case against three main defendants: the CQC and the two NHS trusts contracted to provide services at the hospital, listing NHS Property Services as an interested party.

The Guardian

However, trust in contract terms and conditions appears to play an important role.

Ecological Economics

One insurance agent dubs this the "trust me" contract, because clients have to trust the company to pay returns competitive with other fixed-rate products.

Forbes

In concern to user trust, a contract dealing with the use of a key management system should point out the jurisdiction whose laws relate to that system.

Data Science and Engineering

But the reason we still talk about the tulip bubble was the vast psychological and societal devastation: The widespread reneging on tulip contracts forever changed the trust in contracts and agreements, and like all bubbles, people felt foolish for believing in it.

TechCrunch

Expert writing Tips

Best practice

When using the phrase "trust contract", ensure the context clearly establishes that the contract is specifically founded on a high degree of mutual trust and good faith between the parties, rather than solely on legal obligations.

Common error

Avoid assuming that all contracts inherently involve a high degree of trust. While good faith is generally expected, the phrase "trust contract" should be reserved for situations where trust is an exceptionally vital element, exceeding standard contractual expectations.

Linguistic Context

The phrase "trust contract" functions primarily as a noun phrase, typically used to describe a specific type of agreement or arrangement. It signifies a formal contract built on a foundation of trust between the involved parties. Ludwig AI confirms its usability in written English.

Expression frequency: Rare

Frequent in

News & Media

33%

Science

33%

Encyclopedias

33%

Less common in

Formal & Business

0%

Academia

0%

Social Media

0%

Ludwig's WRAP-UP

In summary, the phrase "trust contract" refers to a specific type of agreement where trust is a foundational element. While grammatically correct, Ludwig AI confirms, it's relatively rare, appearing mostly in News & Media, Encyclopedias, and Science contexts. When employing this phrase, ensure the context highlights the exceptional importance of trust exceeding standard contractual expectations. Alternatives such as "agreement of trust" or "contract based on trust" may offer similar meaning with varying emphasis. It's crucial to differentiate between a contract that inherently requires good faith and one where trust is paramount. Though uncommon, its correct usage underscores the significance of confidence in specific agreements.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

agreement of trust

Reverses the order of words, emphasizing agreement, still implying a mutual reliance.

contract based on trust

Clarifies that the foundation of the contract is trust between the parties involved.

trust-based agreement

Uses a hyphenated adjective to describe the kind of agreement.

confident agreement

Focuses on the confidence aspect within the agreement rather than the reliance.

reliance agreement

Highlights dependence of the agreement on mutual reliance.

assurance contract

Emphasizes guarantee and certainty within the agreement.

good faith contract

Specifies the intent and honesty behind the contract.

honor-bound agreement

Implies a moral or ethical obligation to uphold the agreement.

gentleman's agreement

Suggests an informal agreement based on unwritten principles of honor and trust.

handshake deal

Implies an informal agreement based on mutual trust, without a written contract.

FAQs

What does "trust contract" mean?

A "trust contract" is an agreement where trust and reliance are fundamental elements, going beyond standard contractual obligations. It emphasizes good faith and confidence between parties.

How can I use "trust contract" in a sentence?

You might say, "The partners entered into a "trust contract", relying on each other's expertise and integrity."

What are some alternatives to "trust contract"?

Alternatives include "agreement of trust", "contract based on trust", or "good faith contract", depending on the specific nuance you want to convey.

Is a "trust contract" legally binding?

Yes, a "trust contract" is legally binding if it meets all the requirements of a standard contract (offer, acceptance, consideration, etc.). The 'trust' aspect emphasizes the relationship and expectations between the parties.