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Trust

beneficiary), Black's Law Dictionary, 7th Edn., p. 1513. A trust is simply a confidence, reposed either ex-pressly or impliedly in a person (hence called the trustee), for the benefit of another (hence called the cestui que trust,

Salary or wages

work) capable of being expressed in terms of money, which would, if the terms of employment, express or implied, were fulfilled, be payable to an employee in respect of his employment or of work done in such

power

: any or all of the powers delegated to the president under Article II of the U.S. Constitution implied power : a power that is reasonably necessary and appropriate to carry out the purposes of a power

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Repeal

Repeal, a revocation or abrogation. Repeal of one act of Parliament by another is either express or implied, the rule being that a later Act repeals a former one if contradictory thereto, Leges posteriores priores contrarias

trust

be distributed and principal may be distributed compare simple trust in this entry constructive trust 1 : an implied trust imposed by a court to prevent the unjust enrichment of one who has wrongfully obtained (as through

Employee

SCR 55. A person who works in the service of another person (the employer) under an express or implied contract of hire under which the employer has the right to control the details of work performance, Black's

Mortgage

mortgage--an incident unextinguishable, save by a foreclosure decree, a sale by the mortgagee under a power, express or implied, in that behalf, a legislative provision, or unreasonable delay. see CLOG ON EQUITYOF REDEMPTION. A provision rendering a

Lien

of the like nature. General and particular liens may arise: (1) by an express contract; (2) by an implied contract, resulting from the usage of trade, or the manner of dealing between parties. General lines are not

Indemnity

Indemnity, a contract, express or implied, to keep a person harmless from loss which that person may incur by reason of some act, omission

Housing of the working classes

Act of 1936, s. 2, replacing preceding enactments, provides an exception to the rule that there is no implied condition of fitness in the letting an unfurnished house. In a contract for letting of a small house

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