wasting trust

A trust in which the trust property is gradually depleted by periodic payments to the beneficiary. [Cases: Trusts 61(5). C.J.S. Trover and Conversion § 127.]

---

词条贡献者

译者晓琳，法学硕士（国际争议解决方向），擅长翻译各种与复杂跨境争议相关的法律文件。