Trust: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Categorise.) |
imported>Doug Williamson (Add classification.) |
||
Line 30: | Line 30: | ||
* [[Settlor]] | * [[Settlor]] | ||
* [[Trust deed]] | * [[Trust deed]] | ||
* [[Trustee]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
[[Category:Ethics]] | [[Category:Ethics]] |
Revision as of 14:37, 10 October 2018
1.
Law and pensions.
A legal concept whereby property is held by one or more persons for the benefit of others for the purposes specified in the trust deed.
In a pensions context, the beneficiaries of the trust are the members of the pension scheme.
2.
A belief that someone or something is reliable, honest, good.
3.
US.
A large organisation that has control - or attempts to gain control - of a market by the use of monopoly or other anti-competitive trade practices.