Please Define the Following Key Terms

question 10

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-Philip Augustus

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Definitions:

Trust

A fiduciary relationship in which one party, known as the trustee, holds property on behalf of another party, known as the beneficiary.

Sign

To write or use a symbol, like one's name, on a document as a way of acknowledging or agreeing to its terms.

Deposits

Sums of money placed in accounts within financial institutions or as security for contracts, which might earn interest over time.

Indorsement

A signature or instruction written on the back of a negotiable instrument, such as a check, transferring ownership or specifying some other transaction.