trustor


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Trustor

One who gives money and/or other assets to a trust. A trustor usually sets up a trust in order to provide for the financial future of a minor child or mentally incompetent person. A trustor may also set up a trust to benefit a charitable organization. It is important to note that the trustor does not hold or invest the assets once they are given to the trust, as that is the duty of the trustee. See also: Escrow, Charitable trust.

trustor

The person or organization that creates a trust.
References in periodicals archive ?
Charness and Dufwenberg (2006) allow either trustor or trustee, but not both, to send free-form messages in a binary trust game.
The property assigned to the trustee by the trust right shall be separated from the property of the trustor and the trustee.
Thus, the trustor perception and interpretation of the context of the relationship will affect both the need for trust and the evaluation of trustworthiness (MAYER, DAVIS, SCHOORMAN, 1995).
In essence, using Locke's theoretical framework (as an analogy) to describe actual historical events, the governments making these promises during the war became, in effect, the trustors of this new fiduciary legal order which includes their recognition of self determination, international human rights and strict limits on the state's use of international force.
In the context of interpersonal trust between two individuals, both the trustor and the trustee are individuals.
define dyadic or interpersonal trust as "The willingness of a party to be vulnerable to the actions of another party based on the expectation that the other will perform a particular action important to the trustor, irrespective of the ability to monitor or control that other party" (1995: 712).
Precise Software Solutions (Nasdaq: PRSE) announced today that Precise's patented real-time TruStor quota management technology has been licensed by Microsoft Corp.
WQuinn, StorageCeNTral, and TruStor are trademarks or registered trademarks of W.
WQuinn, StorageCeNTral, TruStor and AASET are trademarks or registered trademarks of W.
QuotaAdvisor's patented TruStor I/O filtering technology gives IT managers the ability to optimize enterprise storage management in real time without sacrifice to system performance.
Performance is our Business, TruStor, AASET are trademarks and StorageCentral is a registered trademark of Precise Software Solutions Ltd.
StorageCeNTral's patented TruStor I/O filtering technology enables IT managers to optimize their enterprise storage resource management in real time without sacrificing performance.