Bare Trust

Business, Legal & Accounting Glossary

Definition: Bare Trust



Full Definition of Bare Trust


A trust in which the trustee has no personal discretion, but is obliged to give effect to the wishes of the beneficiaries.

See also nominee.


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https://payrollheaven.com/define/bare-trust/
Modern Language Association (MLA):
Bare Trust. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. December 01, 2020 https://payrollheaven.com/define/bare-trust/.
Chicago Manual of Style (CMS):
Bare Trust. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/bare-trust/ (accessed: December 01, 2020).
American Psychological Association (APA):
Bare Trust. PayrollHeaven.com. Retrieved December 01, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/bare-trust/

Definition Sources


Definitions for Bare Trust are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 4th April, 2020 | 0 Views.