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Trust
A legal relationship created by an individual (the grantor). The grantor, through the trust agreement, determines how, and by whom the property will be managed and used for the benefit of the designated beneficiaries.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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