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Clifford Trust

Definition: Clifford Trust

Clifford Trust

Noun

1. A trust established to shift the income to someone who is taxed at a lower rate than the grantor for a period of 10 years or more.

Source: WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved.
 


Specialty Definitions: Clifford Trust

DomainDefinitions

Finance

A fixed-term, irrevocable trust account usually opened as a means of reducing the income taxes of the grantor (the person who opens the account and deposits funds in the account). The trust must last for a minimum of 10 years. During that time, income from the account is paid to a named beneficiary, and thus is not taxable to the grantor. At the end of the term of the trust, the principal, or property placed in trust, reverts to the grantor. (references)

Source: compiled by the editor from various references; see credits.

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Synonym: Clifford Trust

Synonym: grantor trust (n). (additional references)

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Anagrams: Clifford Trust

Scrabble® Enable2K-Verified Anagrams

Words within the letters "c-d-f-f-i-l-o-r-r-s-t-t-u"

-5 letters: critturs, diffusor, dilutors, floruits, fluorids, tristful.

Source: compiled by the editor from various references; see credits.

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Alternative Orthography: Clifford Trust


Hexadecimal (or equivalents, 770AD-1900s) (references)

43 6C 69 66 66 6F 72 64      54 72 75 73 74

Leonardo da Vinci (1452-1519; backwards) (references)

    

Binary Code (1918-1938, probably earlier) (references)

01000011 01101100 01101001 01100110 01100110 01101111 01110010 01100100 00100000 01010100 01110010 01110101 01110011 01110100

HTML Code (1990) (references)

&#67 &#108 &#105 &#102 &#102 &#111 &#114 &#100 &#32 &#84 &#114 &#117 &#115 &#116

ISO 10646 (1991-1993) (references)

0043 006C 0069 0066 0066 006F 0072 0064      0054 0072 0075 0073 0074

Encryption (beginner's substitution cypher): (references)

377875727281847025484878586

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INDEX

1. Definition
2. Synonyms
3. Anagrams
4. Orthography
5. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.