/drʌɪ trʌst/ – Phrase
Definition: sở hữu tín thác thụ động (chỉ có nhiệm vụ trả tiền hay chuyển giao tài sản cho người được thụ hưởng).
A more throughout explanation: A dry trust refers to a trust in which the trustee holds legal title to the trust property but has no active duties or responsibilities, as the trust is not intended to be administered until a future event occurs. In a dry trust, the trustee does not have any active duties to perform until the trust becomes active, typically upon the occurrence of a specified event or condition.
Example: In a dry trust, the trustee holds legal title to the property but has no active duties or responsibilities, as the trust is inactive until a specified event occurs.