Meaning PERSONAL TRUST: An interest in an asset held by a trustee for the benefit of another person
More terms such as Personal trust in Dictionary P.
- Definition Project Loan Securities:
- Examples Securities backed by a variety of FHA-insured loans-primarily multifamily apartment buildings, hospitals, and nursing homes personal trust definition.
- Definition Prepayment Speed:
- Examples Also called speed, the estimated rate at which mortgagors pay off their loans ahead of schedule, critical in assessing the value of mortgage pass-through securities personal trust explain.
- Definition Prior-Lien Bond:
- Examples A bond usually arising from reorganization with precedence over another bond of the same issuing company that is equally secured personal trust what is.
- Definition Perfectly Competitive Financial Markets:
- Examples trader has the power to change the price of goods or services. Perfect capital markets are characterized by certain conditions: (1) Trading is costless, and access to the financial markets is free personal trust meaning.
- Definition Proprietorship:
- Examples An unincorporated business that is owned and operated by only one person who has complete liability for all assets, and complete rights to all profits personal trust abbreviation.
