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Qué (quién) es public trust doctrine - definición
Public trust doctrine
PUBLIC RIGHT TO CERTAIN TERRITORIAL WATERS
Public-trust doctrine
The public trust doctrine is the principle that the sovereign holds in trust for public use some resources such as shoreline between the high and low tide lines, regardless of private property ownership.
public trust doctrine
PUBLIC RIGHT TO CERTAIN TERRITORIAL WATERS
Public-trust doctrine
n. the principle that the government holds title to submerged land under navigable waters in trust for the benefit of the public. Thus, any use or sale of the land under water must be in the public interest. Nevertheless, there has been a great deal of use for offshore oil drilling, for landfill, and marine shoreline development, in which protection of the public interest has been dubious at best.
Trust (business)
![Octopus representing [[Standard Oil]] with arms wrapped around U.S. Congress and steel, copper, and shipping industries, and reaching for the White House.](https://commons.wikimedia.org/wiki/Special:FilePath/Standard oil octopus loc color.jpg?width=200 "Octopus representing [[Standard Oil]] with arms wrapped around U.S. Congress and steel, copper, and shipping industries, and reaching for the White House.")
LARGE GROUPING OF BUSINESS INTERESTS WITH SIGNIFICANT MARKET POWER; A LARGE CORPORATION, CORPORATE GROUP, OR TRADE ASSOCIATION THAT HOLDS A DOMINANT POSITION IN ITS SECTOR OF ACTIVITY
Trust (19th century); Trust (monopoly); Trust agreement; Trust-busting era
A trust or corporate trust is a large grouping of business interests with significant market power, which may be embodied as a corporation or as a group of corporations that cooperate with one another in various ways. These ways can include constituting a trade association, owning stock in one another, constituting a corporate group (sometimes specifically a conglomerate), or combinations thereof.
Ejemplos de uso de public trust doctrine
1. The public trust doctrine has been settled law since the late 1800s and balances needs of individuals and society, said Hall, the Wayne State professor.
2. "The public trust doctrine dates back to Roman law, and, under that, marine resources belong to all the people, and the people who should have access to it first are the common people," argues George Geiger of Sebastian, Fla., a sport fisherman and member of the South Atlantic Fisheries Commission.