Legal Dictionary

Search results for: “anti trust”

  • Anticompetitive Conduct

    Meaning of Anticompetitive Conduct In this law dictionary, the legal term anticompetitive conduct is a kind of the Antitrust class. Resources See Also Antitrust

  • Trust Deed

    A form of mortgage in use in Missouri and some other states, and in the District of Columbia. A deed is made in trust with a power of sale, and the power is exercised for the mortgagee’s benefit. Similar deeds are frequently made by railroad companies or other corporations to secure […]

  • Resulting Trust

    The doctrine of resulting trust is an equitable one arising from the nature or circumstances of consideration involved in a transaction ; it is a trust implied by law as distinct from an expressed trust. Broadly the resulting trust may be categorized into two classes; firstly where […]

  • Massachusetts Trust

    A trust created for the operation and conduct of a business enterprise; also known as common law companies, and business trusts. …

  • Cestui Que Trust

    He for whose benefit another person is seized of lands or tenements, or is possessed of personal property. He who has a right to a beneficial interest in and out of an estate the legal title to which is vested in another. 2 Washb. Real Prop. 163. Judge Story suggests (1 Eq. Jur. § […]

  • Spendthrift Trust

    A trust established to provide a fund for the maintenance of the beneficiary and at the same time to secure it against his improvidence or incapacity . See Wagner v Wagner, 244 III. 101, 91 N.E. 66. Also a trust that restrains either the voluntary or involuntary alienation by a […]

  • Investment Trust

    A closed-end fund regulated by the Investment Company Act of 1940. These funds have a fixed number of shares which are traded on the secondary markets similarly to corporate stocks. The market price may exceed the net asset value per share, in which case it is considered at a […]

  • Deed of Trust

    Indenture….

  • Trustee in Bankruptcy

    A person in whom the property of the bankrupt is vested in trust for his creditors. The powers and duties of a trustee in bankruptcy are provided for in the federal Bankruptcy Law.

  • Trustor

    A word occasionally, though rarely, used as a designation of the creator, donor, or founder of a trust. …

  • Declaration of Trust

    The act by which an individual acknowledges that a property, the title of which he holds, does in fact belong to another, for whose use he holds the same. The instrument in which such an acknowledgment is made. …

  • Real Estate Investment Trust (Reit)

    An organization similar to an investment company in some respects but concentrating its holdings in real estate investments. The yield is generally liberal since REITs are required to distribute as much as 90% of their income. (See: Investment company)…

  • Grantor Trust

    A mechanism of issuing MBS wherein the mortgages’ collateral is deposited with a trustee under a custodial or trust agreement….

  • Simple Trust

    A simple or passive trust corresponds with the ancient use, and is where property is simply vested in one person for the use of another, and the nature of the trust, not being qualified by the settler, is left to the construction of law. It differs from a special trust, in […]

  • Express Trust

    A trust created or declared in plain terms and usually in writing , as distinguished from one inferred by law from the conduct or dealings of the parties . An express trust can only arise by direct act of parties, and should directly and expressly point out the person , […]