(in property law) a person who sets up a trust transferring property to another person
trustor in American English
(ˈtrʌstər; trəˈstɔr)
noun
Law
settlor (sense 2)
trustor in American English
(ˈtrʌstər, trʌˈstɔr)
noun
Law
a person who creates a trust
Word origin
[1530–40; trust + -or2]This word is first recorded in the period 1530–40. Other words that entered Englishat around the same time include: enclosure, illegitimate, rigid, saturate, starter
Examples of 'trustor' in a sentence
trustor
Different kinds of third-party information can vary dramatically in their importance to the trustor.
Christiane Bozoyan, Sonja Vogt 2016, 'The Impact of Third-Party Information on Trust: Valence, Source, and Reliability.',PLoS ONEhttp://europepmc.org/articles/PMC4755612?pdf=render. Retrieved from PLOS CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
All participants played the role of trustor.
Roberta eSellaro, Wilco W. evan Dijk, Claudia eRossi Paccani, Bernhard eHommel, LorenzaS Colzato 2015, 'A question of scent: lavender aroma promotes interpersonal trust', Frontiers in Psychologyhttp://journal.frontiersin.org/Journal/10.3389/fpsyg.2014.01486/full. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
However, the trustor might form beliefs about the trustee's trustworthiness by relying on third-party information.
Christiane Bozoyan, Sonja Vogt 2016, 'The Impact of Third-Party Information on Trust: Valence, Source, and Reliability.',PLoS ONEhttp://europepmc.org/articles/PMC4755612?pdf=render. Retrieved from PLOS CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
In the concept of trust, the trustor trusts the trustees.
Suk-Joo Lee, Cheolhwi Ahn, Kelly Minjung Song, Hyunchul Ahn 2018, 'Trust and Distrust in E-Commerce', Sustainabilityhttp://www.mdpi.com/2071-1050/10/4/1015. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
It also stresses the sources of trust from a trustor angle.
Łukasz Małys, Krzysztof Fonfara 2018, 'The Types of Trust in the Development Process of the International Business Relationships:An Exploratory Study among Polish Companies', Entrepreneurial Business and Economics Reviewhttps://eber.uek.krakow.pl/index.php/eber/article/view/379. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
In this game a trustor (investor) can send a given amount of money to a trustee (or investee).
Irma eClots Figueras, Roberto eHernán-González, Praveen eKujal 2015, 'Information Asymmetry and Deception', Frontiers in Behavioral Neurosciencehttp://journal.frontiersin.org/Journal/10.3389/fnbeh.2015.00109/full. Retrieved from DOAJ CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)
The analysis demonstrates how the centralized institutions might change the dynamics of reciprocity between the trustor and the trustee.
Raymond Yu Wang, Cho Nam Ng 2015, 'Can centralized sanctioning promote trust in social dilemmas? A two-level trust gamewith incomplete information.', PLoS ONEhttp://europepmc.org/articles/PMC4400067?pdf=render. Retrieved from PLOS CC BY 4.0 (https://creativecommons.org/licenses/by-sa/4.0/legalcode)