a trust for the benefit of certain people that is different from a trust that benefits a charitable organisation.

Real or personal asset transferred to the trustee under agreements of a trust as the body or object of trust.

This term applies to a charitable trust that is the opposite of a private trust .

1. Asset based financing. Way to fund purchasing inventories of durable consumer items. 2. Documentary credit . Bank allows the importer to take delivery of goods but the bank retains […]

See resulting trust .

situation where a will is written and the person gives money to one person with the understanding that they will hold it in trust for another person.

a trust set up to function for the benefit of additional or alternate beneficiaries under certain conditions.

a trust where money or property is given to a trustee to benefit anther person.

a trust where the trustee is obligated to carry out certain actions of the trust creator.

See spendthrift trust .

Trust created by law where real property is held by a trustee for sale at their discretion.

See totten trust .

This term applies to a trust that violates all of the rules that concern perpetuities. See perpetuity .

this is the name given to trust where the trustee agrees to be the trustee for another person.

a right that is vested in one or more people to vote on behalf of shareholders to elect officers to control the activities of a corporation .

Web site or portal acting as a trusted third party between buyers and sellers.

Reputed, responsible and established fiduciary body all parties accept from an agreement, transaction or deal.

The person appointed, or required by law, to execute a trust; one in whom an estate, interest, or power is vested, under an express or implied agreement to administer or […]

This name applies to the person who is appointed by a court to be the trustee.

a Latin phrase that is given to a trustee who acts wrongly in the administration of his duties and is held liable.

A court appointed party that oversees the bankruptcy filing of a company. They manage the settling of debt with company assets and help with reorgaization.

Trustees are changed with investing funds from trusts in a prudent manner. Must invest in Baa, BBB rated or higher. Also known as authorised investments.

the term that applies to 2 or more people that are named to administer the trust.

the officer of the court who acts as the trustee.

This term is given to a person who benefits from breaching a trust.