What is another word for trust operation?
Pronunciation: [tɹˈʌst ˌɒpəɹˈe͡ɪʃən] (IPA) 
A trust operation refers to the management of a trust agreement executed between two parties. Various terms can be employed to convey the same idea. Common synonyms for trust operation include trust administration, trust management, trust arrangement, trust agreement, fiduciary management, and fund management. Trust operation is essential in legal and financial areas, such as estate planning, investment management, inheritance, and property transfers. Trust administration refers to the handling of a trust by a trustee, whereas trust management refers to managing the assets in the trust in line with the trust agreement. Fiduciary management implies that the trustee holds fiduciary duties to the beneficiary and must, therefore, act in their best interest. Overall, the term trust operation is an encompassing term that covers a range of activities relating to trust management and administration.
