‘Goods in trust’, when written in a policy, does not imply a technical trust but includes holding goods as a bailee. ‘Goods held on commission’ has a more restricted meaning and refers to property entrusted to the insured for the purpose of sale. The phrase as a whole is wide enough to cover not only the insured’s interest but also the full value of the goods. Any sum the insured recovers above his own interest is held in trust for the owners. See GOODS IN TRUST OR ON COMMISSION FOR WHICH THE INSURED IS RESPONSIBLE; ON GOODS.