passive trust

Also found in: Financial

0.01 sec.

ThesaurusLegend: Synonyms Related Words Antonyms

Noun

passive trust - a trust in which the trustee performs no active duties

trust - something (as property) held by one party (the trustee) for the benefit of another (the beneficiary); "he is the beneficiary of a generous trust set up by his father"

active trust - a trust in which the trustee must perform certain duties

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Dictionary browser	?		Full browser	?
active trust trust			In analyzing all securitization trusts, bankruptcy concerns generally focus on the sale of financial assets (loans) which are deposited into passive trusts, which in turn issue notes or certificates. Fitch: Limited Implications for U.S. Structured Finance from GGP Ch. ... by Business Wire			Passive congestion passive defense passive euthanasia Passive flight passive homing guidance Passive hyperaemia passive immunity passive inhalation Passive iron passive margin passive matrix display passive mine Passive movement passive obedience passive or responsive public affairs policy Passive prayer passive public information policy passive resistance passive resister passive restraint passive safety passive smoking passive source passive transfer passive transport passive trust Passive verb passive vocabulary passive voice passive-aggressive passive-matrix passively passiveness passivism passivity passkey Passless Passman Passo Fundo Passover Passover supper passport passport control passulate passus password Passy Passymeasure past past anterior Past expression			passive surveillance passive surveillance passive symptom passive system Passive Target Flow Measurement Passive Target Motion Analysis passive termination passive testing Passive Thermal Control System/Subsystem Passive Threat Resolution Interface Passive Top Attack Armor Protection System Passive Towed Array Sonar Passive Tracker Test Generator Passive Tracking Algorithm passive transducer passive transfer passive transfer passive transfer passive transfer passive transfer Passive transfer anaphylaxis Passive transfer anaphylaxis Passive transfer anaphylaxis passive transfer test passive transport passive transport passive transport passive transport Passive Treatment System passive tremor passive trust Passive Trusts Passive Underwater Fire Control Feasibility System Passive Urethral Resistance Ratio Passive Vapor Diffusion Sampler Passive Variable Respiratory-Minute-Volume Based Addition Semi Closed Passive Velocity Field Control passive venous congestion passive venous congestion passive venous congestion passive venous congestion passive venous congestion Passive verb Passive Vision Sight Passive vocabulary Passive vocabulary Passive vocabulary Passive vocabulary passive voice passive voice passive volition Passive Wavelength Routing Node Passive Wavelength-Routed Network Passive wiretapping Passive, Electromechanical and Connector passive-active cell Passive-Active Detection & Localization Passive-aggression passive-aggressive passive-aggressive passive-aggressive

Dictionary, Thesaurus, and Translations

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.