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Từ vựng:

settled property

Giải nghĩa:

/ˈsɛtəld ˈprɒpərti/ – Phrase


Definition: tài sản đã phân xử.

A more thorough explanation: Settled property refers to property that is held in trust for the benefit of one or more beneficiaries, with the terms of the trust being set out in a legal document known as a settlement. The trustees have legal ownership of the property, but they must manage it in accordance with the terms of the settlement and for the benefit of the beneficiaries.

Example: The settlor transferred ownership of the house to the trustee, making it settled property under the terms of the trust.

 

 
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