liquidating trust
liquidating trust 清算信托 指以在条件允许的限度内尽快清算为目的的信托,虽然也可以从事商业经营,但这种经营必须是为保存资产所附带和必须的。
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.