Declaration Of Trust

Business, Legal & Accounting Glossary

Definition: Declaration Of Trust




What is the dictionary definition of Declaration Of Trust?

Dictionary Definition


n. the document signed by a trustor (settlor) creating a trust into which assets are placed, a trustee is appointed to manage the trust (who may be the party who created the trust), the powers and duties of management of the principal and profits of the trust are stated, and distribution of profits and principal is spelled out.


Cite Term


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Page URL
https://payrollheaven.com/define/declaration-of-trust/
Modern Language Association (MLA):
Declaration Of Trust. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 23, 2021 https://payrollheaven.com/define/declaration-of-trust/.
Chicago Manual of Style (CMS):
Declaration Of Trust. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/declaration-of-trust/ (accessed: September 23, 2021).
American Psychological Association (APA):
Declaration Of Trust. PayrollHeaven.com. Retrieved September 23, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/declaration-of-trust/

Definition Sources


Definitions for Declaration Of 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: 27th April, 2020 | 0 Views.