fixed trust

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Fixed trust

A unit investment trust consisting of securities that were agreed upon at the time of investment and are held for the duration of the trust.

Unit Investment Trust

An investment company that offers an unmanaged portfolio of stocks and/or bonds, packaging the portfolio as shares that are redeemable from the trust after a certain period of time. Unit investment trusts are designed to give shareholders income from dividends and/or coupons. See also: Mutual fund.

fixed trust

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The proposed DIFC Trust Law regime and Foundation Law regime have been posted for a 30-day public consultation period with the deadline for providing comments ending on 8 November 2017.
46) The court also relied on trust law for the procedure for ERISA litigation.
A decade-old effort to liberalize the state's trust laws has made it easier and more convenient for wealthy families to protect their assets from creditors, taxes and the prying eyes of the public.
Bahrain is one of the first countries in the Middle East to enact its own trust law - in response to increasing wealth and interest in personal wealth planning in the region.
Trust law developed in England at the time of the Crusades, and it is thought they may have been influenced by the Waaf institutions they came across in the Middle East.
103) This is completely contrary to the stated purpose of the UTC to provide "precise, comprehensive, and easily accessible guidance on trust law questions" and to "provide a uniform rule" "[o]n issues on which States diverge or on which the law is unclear or unknown.
Traditionally, however, comparative literature on trust law appears to have focused almost exclusively on gratuitous trusts.
The judge had ruled on April 3 that Microsoft had violated federal anti- trust law by using illegal methods to protect a monopoly in computer operating systems.
The past twenty years have seen a vast amount of legislative activity on trust law in various offshore countries.
Earlier in its meeting, Assembly Council dealt with a report from the pension fund regarding trust law liability.
Included are advanced estate planning, probate and trust law Web sites.
Domestic trust law generally restricts the nature and extent of benefit and/or control that a "settlor," the person who created the trust, can retain through a trust.