trustor


Also found in: Thesaurus, Legal, Financial, Wikipedia.

trustor

(ˈtrʌstə; trʌstˈɔː)
n
(in property law) a person who sets up a trust transferring property to another person
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.trustor - (law) a person who creates a trust by giving real or personal property in trust to a trustee for the benefit of a beneficiary; a person who gives such property is said to settle it on the trustee
bestower, conferrer, donor, giver, presenter - person who makes a gift of property
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
Translations
fiduciant
References in periodicals archive ?
The AAIB report states "the Trustor (Cool Flourish) had an informal arrangement with a third party to manage the aircraft on its behalf ".
In all cases, the trustor's original intent must be honored.
Each of these studies gives some credence to the notion that trust in a given individual can come from a number of sources other than a trustor's direct experience with that individual.
Trust is a psychological state in which the trustor maintains the intention to accept vulnerability based upon positive expectations of the actions of the trustee (Rousseau, Sitkin, Burt, & Camerer, 1998).
The Court of Appeals discerned no prejudicial error, noting that the record supported the District Court's implicit determinations that trustor did not lack capacity and was not subjected to undue influence.
Tom Boucher Trustor & Chairman of the Board Owner & CEQ, Great NH Restaurants
According to an attributional perspective, trustees will try to shape trustor's attribution about whether they can be blamed or not for the transgression and if this event can predict trustee's actions in future interactions as well (Dirks, Lewicki, & Zaheer, 2009; Elangovan, Auer-Rizzi, & Szabo, 2007).
Mirabueno lists these as: Tax considerations including payment of donor's tax within 30 days from opening an irrevocable trust or estate tax settlement after death of trustor in an ir-revocable trust; strict requirements by the trustee bank on the withdrawal of funds in a personal management trust due to the stringent requirements of the regulators; legal uncertainties such as law on perpetu-ity of trust funds.
Trustor: The source node that initiates the search in the trust network.
The willingness of a party to be vulnerable to the actions of another party based on the expectation that the other will perform an action important to the trustor (Mayer et al., 2008).
Trust is defined as "the willingness of a party to be vulnerable to the actions of another party based on the expectation that the other will perform a particular action important to the trustor, irrespective of the ability to monitor or control that other party" (Mayer et al., 1995, p.
It is established and maintained by a trustor who draws on past experience with, and beliefs or attitudes about, the trustee's competency, reliability, reputation, honesty, or interestedness to set the boundaries of a trusted relationship (Hardin 2002; Cook, Hardin, and Levi 2005; Nannestad 2008; Cook, Levi, and Hardin 2009; Farrell 2009).