CLIFFORD TRUST

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does Clifford trust mean? 

• CLIFFORD TRUST (noun)
  The noun CLIFFORD TRUST has 1 sense:

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

  Familiarity information: CLIFFORD TRUST used as a noun is very rare.

 Dictionary entry details 

• CLIFFORD TRUST (noun)

Sense 1

Meaning:

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

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

Clifford trust; grantor trust

Hypernyms ("Clifford trust" is a kind of...):

trust (something (as property) held by one party (the trustee) for the benefit of another (the beneficiary))