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

法律翻译Gilbert，毕业于亚洲顶尖的高级翻译学院，擅长翻译有关矿产资源领域的法律文件。