grantor trust Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “grantor trust” in the English Dictionary

"grantor trust" in Business English

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grantor trustnoun [C]

uk   us  
LAW, TAX a ​type of trust (= a ​legalarrangement for giving someone ​property or ​money) in which the ​person who has ​created the ​trustkeepscontrol of it and has to ​paytax on any ​income from it
FINANCE a ​type of investmenttrust (= ​companyinvesting in other ​companies for ​investors) in which each ​investorowns 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)
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“grantor trust” in Business English

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