Meaning of “business trust” in the English Dictionary

business-english dictionary

"business trust" in Business English

See all translations

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)