Trust: Difference between revisions
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imported>Doug Williamson m (Spacing 14/8/13) |
imported>Doug Williamson m (Category added 8/10/13) |
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Revision as of 10:58, 8 October 2013
1.
UK 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.
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.
