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Từ vựng:

trust property

Giải nghĩa:

/trʌst ˈprɒpəti/ – Phrase


Definition: Tài sản của quỹ.

A more thorough explanation: property which is placed into a trust (=a formal structure for one person to manage money or assets by a trustee on behalf of another)

Example: For a discretionary trust, the trustees have discretion over the trust property and what is distributed to the beneficiaries of the trust.