executed trust - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “executed trust”

executed trust

noun [C]
 
 
LAW
a trust (= arrangement for someone to have legal control over someone else's money and property), especially one in a person's will, that is clear and final, and can be used without needing any more instructions or actions
(Definition of executed trust from the Cambridge Business English Dictionary © Cambridge University Press)
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