Law Lexicon
Trust - A legal device used to manage real or personal property, established by one person (grantor or settlor) for the benefit of another (beneficiary).
Trust agreement or declaration - The legal document that sets up a living trust. Testamentary trusts are set up in a will.
Trustee - The person or institution that manages the property put in trust.
Truth in lending - Statutes which provide that precise and meaningful cost of credit information be provided to the credit customer.
Unconscionability - An absence of meaningful choice on the part of one of the parties to a contract, and contract terms which are unreasonably favourable to the other party.
Undue influence - Whatever destroys free will and causes a person to do something he would not do if left to himself.
Unfair labour practice - Actions by the employer which interfere with, restrain, coerce, or threaten employees with respect to their rights.
Unjust enrichment, doctrine of - The principle that one person should not be permitted to unjustly enrich himself at the expense of another, but should be required to make restitution for the property or benefit received.
Source: Jurist International
