Meaning of “business trust” in the English Dictionary


"business trust" in Business English

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business trustnoun [ C ]

uk us

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)