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Từ vựng:

express trust

Giải nghĩa:

/ɪkˈsprɛs trʌst/ – Phrase


Definition: sở hữu tín thác được thiết lập rõ ràng.

A more thorough explanation: An express trust is a trust that is created intentionally and explicitly by the settlor through a written document or oral declaration, clearly outlining the terms and conditions of the trust, including the beneficiaries, the trustee’s duties, and the trust property.

Example: The settlor created a trust document to express trust in the trustee to manage the assets for the benefit of the beneficiaries.

 

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