trader’s settlement

Hist. A property settlement in which the land is put into a trust for sale, the proceeds to be either paid out to beneficiaries over time or divided among the settlor’s heirs. Cf. strict settlement.

---

词条贡献者

译者Celia，毕业于新加坡知名法学院，擅长翻译涉及信息和智能技术领域的法律文件。