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

white Christmas

a Christmas when it snows

Word of the Day

Cleavage proves divisive in Cambridge’s words of 2014

by Alastair Horne,
December 19, 2014
​​​​ Other dictionaries may choose faddish novelties as their words of the year, but here at Cambridge, we like to do something different. We look for the words that have seen sudden surges in searches over the course of the year – words that have been baffling users of English and driven them

Read More 

cinderella surgery noun

December 15, 2014
cosmetic surgery to the feet We have all heard of people having nose jobs, boob jobs and liposuction – but now a new trend growing in popularity in America: Cinderella surgery.

Read More