Definitions from Black's Law Dictionary: 2nd Edition and Ballentine's Law Dictionary as are available for each term in each dictionary.
  • Ballentine's Law Dictionary

    An association in which the management of the property was entrusted to individuals.

  • Black's Law Dictionary: 2nd Edition

    In French law. The delivery of a benefice to one who cannot hold the legal title, to keep and manage it for a time limited and render an account of the proceeds. Guyot, RCp. Univ. In mercantile law. An association in which the management of the property was intrusted to individuals. Troub. Lim. Partn-c. 3, ยง 27.