a authorized arrangement through which an individual or Corporation controls residence or income for the benefit of another particular person or Firm:
[ C ] a legal arrangement by which anyone or Firm controls property and/or funds for one more man or woman or Business:
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/ˌdɑː.ɡi ˈdeɪ ˌker/ a spot where by homeowners can leave their canines when they are at do the job or away from home from the daytime, or the care the puppies receive when they are there
These illustrations are from corpora and from sources online. Any thoughts during the examples don't stand for the impression from the Cambridge Dictionary editors or of Cambridge University Push or its licensors.
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Charitable trust: This trust Gains a specific charity or nonprofit organization. Ordinarily, a charitable trust is founded as Element of an estate approach and allows reduced or steer clear of estate trustbet and present taxes.
Equally, mistrust can be an emotional process that goes far outside of the estimation of small probabilities about persons accomplishing what they are imagined to. Furthermore, it necessitates illustration with the self, the trustbet individual mistrusted, and the related element, but differs from trust in assigning adverse feelings akin to dislike and fear.
What Is a Trust? A trust can be 1trustbet a legal entity with separate and unique legal rights, similar to someone or corporation. Within a trust, a party often called a trustor provides A further bash, the trustee, the ideal to carry title to and regulate residence or assets for the benefit of a 3rd party, the beneficiary.
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The cash that her father left her is staying held/stored in trust (= staying managed) for her trustbet until finally she's thirty.
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