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Meaning of settlor | Babel Free

Noun CEFR B1

/ˈsɛt.lɚ/

Definitions

A person who settles property on express trust for the benefit of beneficiaries.

Examples

“Once the trust deed is drawn up and the asset transferred to the trustee, the settlor no longer owns the asset; his personal creditors therefore cannot seize it to satisfy their claims. […]”

CEFR level

B1

Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.

See also

Settrington Setty Setúbal setula setule setumah