Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “grantor trust”

grantor trust

noun [C]
 
 
LAW, TAX a type of trust (= a legal arrangement for giving someone property or money) in which the person who has created the trust keeps control of it and has to pay tax on any income from it
FINANCE a type of investment trust (= company investing in other companies for investors) in which each investor owns a part of the companies they have invested in, according to the amount of their investment
(Definition of grantor trust from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of grantor trust?
Add Cambridge dictionaries to your browser to your website

Word of the Day

initial

of or at the beginning

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

ped-text verb

November 24, 2014
to text someone while walking I’m ped-texting, I’m looking down at my phone, 75 percent of the time.

Read More