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Cotrustee

💡 Words with a Similar Meaning to "Cotrustee"

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WordDefinition
trusteenoun(trust law) A person to whom property is legally committed in trust, to be applied either for the benefit of specified individuals (beneficiaries), or for public uses; one who is intrusted with property for the benefit of another.
cestuy que trustnounAlternative form of cestui que trust. [(law) One who has the equitable and beneficial interest in property, the legal interest in which is vested in a trustee.]
entrusteenounOne entrusted in a fiduciary matter.
joint tenantnoun(law) One of the owners of an asset that is mutually owned by joint tenancy.
cestui que trustnoun(law) One who has the equitable and beneficial interest in property, the legal interest in which is vested in a trustee.
bare trustnounA trust whose beneficiary has a right to both income and capital and may call for both to be remitted into his/her own name.
coguarantornounA joint guarantor.
cotortfeasornoun(law) A joint tortfeasor.
fiduciary(law) Relating to an entity that owes to another good faith, accountability and trust, often in the context of trusts and trustees.
trusteeshipnoun(law) Office or function of a trustee.
coestatenounJoint estate; an estate co-owned.
unitrustnoun(finance) A form of trust established by a donor to provide an income stream to a beneficiary, as a percentage of the principal, returning the remainder to the donor when the trust terminates.
joint accountnounA bank account owned jointly by two or more persons.
cotenancynounjoint tenancy
tenant in commonnoun(law) One of the owners of an asset that is mutually owned by tenancy in common.
executorial trusteenoun(law) Someone appointed to be an executor (the person who carries out the directions set forth in a will) and also be a trustee of an estate after the executor's duties have been completed.
cotenurenoun(rare) joint tenure
trustee stocknoun(finance) High-grade stock in which trust funds may be legally invested.
public trusteenounA public office which acts as a trustee, usually when a sum is required to be deposited as security by legislation, when courts remove another trustee, or for estates where either no executor is named by will or the testator elects wishes to appoint one.
depositorynounA place where something is deposited, as for storage, safekeeping, or preservation.

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