TESTAMENTARY TRUST

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does testamentary trust mean? 

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

1. a trust that is created under a will and that becomes active after the grantor dies

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

 Dictionary entry details 

• TESTAMENTARY TRUST (noun)

Sense 1

Meaning:

A trust that is created under a will and that becomes active after the grantor dies

Classified under:

Nouns denoting possession and transfer of possession

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

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