noun ·Rare ·Advanced level

Definitions

Noun

1. 1
   A trust set up so that the beneficiaries have no knowledge of the holdings of the trust, and no right to intervene in their handling.
2. 2
   a trust that enables a person to avoid possible conflict of interest by transferring assets to a fiduciary; the person establishing the trust gives up the right to information about the assets wordnet

Antonyms

All antonyms

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