active trust

listen to the pronunciation of active trust
الإنجليزية - الإنجليزية
a trust in which the trustee has affirmative duties to perform, requiring the exercise of sound personal discretion
One that imposes upon the trustee the duty of taking active measures in the execution of trust, such as where property is conveyed to the trustee with directions to sell and distribute the proceeds among creditors of the grantor (For contrast, see: dry trust )
A trust regarding which the trustee has some active duty to perform; opposed to bare, naked, or passive trust
a trust in which the trustee must perform certain duties
- A trust that imposes on the trustee the duty of being active in the execution of the trust and performing management and administrative duties
active trust

    الواصلة

    ac·tive trust

    التركية النطق

    äktîv trʌst

    النطق

    /ˈaktəv ˈtrəst/ /ˈæktɪv ˈtrʌst/
المفضلات