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Từ vựng:

trust instrument

Giải nghĩa:

/trʌst ˈɪnstrəmənt/ – Phrase


Definition: Văn bản quy định về quyền lợi và trách nhiệm của các bên trong một quỹ tín thác.

A more thorough explanation: the written document used to formalise the creation of a trust (=an arrangement where a trustee holds and manages property or other assets on behalf of a beneficiary. The trustee is the nominal owner of the property or assets and the beneficiary is the beneficial owner).

Example: No matter what you write into the trust instrument, there are no guarantees that the company won’t be sold.