business trust Meaning in Cambridge Business English Dictionary
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Meaning of "business trust" - Business English Dictionary

business trust

noun [C]
 
 
US LAW, FINANCE a legal arrangement in which a person or organization controls property, investments, etc., for another person or business: Houses can be purchased in the name of a business trust to disguise the name of the actual owner.
(Definition of business trust from the Cambridge Business English Dictionary © Cambridge University Press)
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