liquidating trust

A trust designed to be liquidated as soon as possible.

• An example is a trust into which a decedent’s business is placed to safeguard the business until it can be sold.

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词条贡献者

译者黎川，毕业于世界顶级翻译学院，擅长翻译各种与专利与技术诉讼相关的法律文件。