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Beneficiary of Trust

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Beneficiary of Trust
The person or company receiving the income from a trust. The beneficiary receives a certain amount of money (usually a percentage of the trust's investment income) starting at the agreed-upon time. Depending on the type of trust, the beneficiary may be the grantor, a trustee, or some third party.


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In turn, BI will be beneficiary of trust certificates drawn on a trust that will hold and liquidate a similar amount of Bancomer's assets, mostly composed of loans.
 
 
 
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