"Quistclose trust" meaning in English

{
  "etymology_text": "In reference to the 1968 case of Barclays Bank Ltd v Quistclose Investments Ltd.",
  "forms": [
    {
      "form": "Quistclose trusts",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "Quistclose trust (plural Quistclose trusts)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Pages with 1 entry",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "Pages with entries",
          "parents": [],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Law",
          "orig": "en:Law",
          "parents": [
            "Justice",
            "Society",
            "All topics",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "glosses": [
        "A trust created where a creditor has lent money to a debtor for a particular purpose. If the debtor uses the money for other purposes, it is held on trust for the creditor. Any inappropriately spent money can then be traced and returned to the creditor."
      ],
      "id": "en-Quistclose_trust-en-noun-aMPfk4gI",
      "links": [
        [
          "law",
          "law#English"
        ],
        [
          "trust",
          "trust"
        ],
        [
          "creditor",
          "creditor"
        ],
        [
          "lent",
          "lend"
        ],
        [
          "money",
          "money"
        ],
        [
          "debtor",
          "debtor"
        ],
        [
          "purpose",
          "purpose"
        ]
      ],
      "raw_glosses": [
        "(law) A trust created where a creditor has lent money to a debtor for a particular purpose. If the debtor uses the money for other purposes, it is held on trust for the creditor. Any inappropriately spent money can then be traced and returned to the creditor."
      ],
      "topics": [
        "law"
      ]
    }
  ],
  "word": "Quistclose trust"
}

{
  "etymology_text": "In reference to the 1968 case of Barclays Bank Ltd v Quistclose Investments Ltd.",
  "forms": [
    {
      "form": "Quistclose trusts",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "Quistclose trust (plural Quistclose trusts)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "English countable nouns",
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "Pages with 1 entry",
        "Pages with entries",
        "en:Law"
      ],
      "glosses": [
        "A trust created where a creditor has lent money to a debtor for a particular purpose. If the debtor uses the money for other purposes, it is held on trust for the creditor. Any inappropriately spent money can then be traced and returned to the creditor."
      ],
      "links": [
        [
          "law",
          "law#English"
        ],
        [
          "trust",
          "trust"
        ],
        [
          "creditor",
          "creditor"
        ],
        [
          "lent",
          "lend"
        ],
        [
          "money",
          "money"
        ],
        [
          "debtor",
          "debtor"
        ],
        [
          "purpose",
          "purpose"
        ]
      ],
      "raw_glosses": [
        "(law) A trust created where a creditor has lent money to a debtor for a particular purpose. If the debtor uses the money for other purposes, it is held on trust for the creditor. Any inappropriately spent money can then be traced and returned to the creditor."
      ],
      "topics": [
        "law"
      ]
    }
  ],
  "word": "Quistclose trust"
}