trustor


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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 ?
As of May 31, 2017, SDITC had 17,348 trustor clients from Shandong, which accounted for 32.
As I begin to coast home today, I want you to know that trust is a relationship established between a trustor and trustee.
In addition, the trustor (voluntarily or forcedly) abandons control over the actions performed by the trustee.
Trust is defined as "the willingness of a party to be vulnerable to the actions of another party based on the expectation that other will perform a particular action important to the trustor, irrespective of the ability to monitor or control that other party.
Trust is the "willingness to be vulnerable to the actions of another party based on the expectation that the other will perform a particular act necessary to the trustor, irrespective of the ability to monitor or control the other party.
Gefen, Karahanna and Straub (2003) defined trust as a set of specific beliefs dealing primarily with integrity (trustee honesty), benevolence (trustee concern and motivation to act in the trustor's interest), competence (ability of trustee to do what the trustor needs) and predictability (trustee's behavioral consistency).
17) Relationships of trust involve one party, the trustor, harbouring positive expectations regarding the competence of the other party, the trustee (competence trust), and also the trustor, harbouring an expectation that the trustee will work in his/her best interest (intentional trust).
Here, once the trustor node receives gossips/rumours from different nodes, it applies the push-sum operation as gossip average function.
online trust develops between two parties: trustor and trustee (although a trustee is a web site or a vendor who uses the Internet to represent its business),
Generally, a trust may be modified under the Uniform Trust Code with the consent of all beneficiaries and court approval, with only consent of the trustor and all beneficiaries, or with court approval alone.
to be vulnerable to the actions of another party" by expecting that the other will perform acts "important to the trustor, irrespective of the ability to monitor or control that other party" (Mayer et al.
The designated beneficiary may be the trustor himself, his spouse, children and/or other third party beneficiary/ies.