| 释义 |
WordReference Random House Unabridged Dictionary of American English © 2024Clif′ford trust′, [Law.]- Lawmakinga type of living trust set up for at least a 10-year period, during which the income goes to a beneficiary and after which the principal reverts to the grantor.
- regulations resulting from the suit defined the trust after George B. Clifford, plaintiff in a suit against the Internal Revenue Service in 1940
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