单词 | naked trust |
释义 | > as lemmasnaked trust naked trust n. Law a trust that imposes no active duties on the trustee, other than that of conveying the property to the beneficiary when required; a bare trust.bare trust is now the more common term. ΚΠ 1628 E. Coke 1st Pt. Inst. Lawes Eng. iii. iii. f. 181v A diversitie betweene a naked Trust or an Authoritie, and a Trust or Authoritie ioyned to an estate or interest. 1761 H. Bathurst Theory Evid. (Dublin ed.) 95 A naked Trust does not exclude a Man from being a Witness. 1906 Washington Post 19 July 11/1 The court holds that the position occupied by Rogers was not that of a trustee holding a mere naked trust, but that he had full control. 2015 tr. M. Papchenkova in What Papers Say (Nexis) 9 July Most CFCs are held by Russian residents via a ‘naked’ trust. < as lemmas |
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