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settlor

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 all B1 English words →

See also

Settrington Setty Setúbal setula setule setumah

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