business trust
business trust see trust

Merriam-Webster’s Dictionary of Law. . 1996.

business trust
An unincorporated business organization created by a legal document, a declaration of trust, and used in place of a corporation or partnership for the transaction of various kinds of business with limited liability.

Dictionary from West's Encyclopedia of American Law. 2005.


business trust
An unincorporated business organization created by a legal document, a declaration of trust, and used in place of a corporation or partnership for the transaction of various kinds of business with limited liability.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Look at other dictionaries:

  • business trust — ➔ trust * * * business trust UK US noun [C] ► US LAW, FINANCE a legal arrangement in which a person or organization controls property, investments, etc., for another person or business: »Houses can be purchased in the name of a business trust to… …   Financial and business terms

  • business trust — Otherwise known as a Massachusetts trust or common law trust. A form of business organization consisting essentially of an arrangement whereby property is conveyed to trustees, in accordance with the terms of an instrument of trust, to be held… …   Ballentine's law dictionary

  • business trust — noun : massachusetts trust …   Useful english dictionary

  • Massachusetts business trust — Companies law Company  …   Wikipedia

  • Draper Holdings Business Trust — The Draper Holdings Business Trust is a business trust company, located in Milton, Delaware. The philanthropic division of the trust, Draper Holdings Charitable Foundation, Inc., includes WBOC s Bless Our Children program which raised and… …   Wikipedia

  • Young Americas Business Trust — The Young Americas Business Trust (YABT), is a non profit organization established in 1999 as an outreach effort of the Organization of American States (OAS). The YABT was founded to promote entrepreneurship for young people in the Americas by… …   Wikipedia

  • trust — A fiduciary relationship calling for a trustee to hold the title to assets for the benefit of the beneficiary. The person creating the trust, who may or may not also be the beneficiary, is called the grantor. Bloomberg Financial Dictionary See… …   Financial and business terms

  • trust building — UK US (also trust building) noun [U] HR ► the activity of developing trust between people so that they can work more effectively: »The company recognizes that trust building in labor relations is a long process. trust building adjective ► »trust… …   Financial and business terms

  • trust-building — UK US (also trust building) noun [U] HR ► the activity of developing trust between people so that they can work more effectively: »The company recognizes that trust building in labor relations is a long process. trust building adjective ► »trust… …   Financial and business terms

  • trust for sale — ˌtrust for ˈsale noun trusts for sale PLURALFORM [countable] LAW a trust that contains instructions to sell land or other property immediately and to give the money made from the sale to a named person or named people * * * trust for sale UK US… …   Financial and business terms

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