Meaning GENERATION-SKIPPING TRANSFER OR TRUST: A trust in which a principal amount is placed in a trust on the death of person A and is transferred to A's grandchildren when A's children die. The income from the trust goes to the children of person A while they survive
More terms such as Generation-skipping transfer or trust in Dictionary G.
- Definition Graduated-Payment Mortgage (GPM):
- Examples payment loan in which the borrower's payments are initially lower than those on a comparable level-rate mortgage. The payments gradually increase over a predetermined period (usually 3, 5, or 7 generation-skipping transfer or trust definition.
- Definition Gross Lease:
- Examples A type of property lease in which the lessor (owner of the property being leased) pays expenses associated with ownership such as damages, taxes, and insurance generation-skipping transfer or trust explain.
- Definition Guaranteed Mortgage Certificates (GMC):
- Examples First issued by Freddie Mac in 1975, G.M.C.s, like PCs, represent undivided interest in specified conventional whole loans and participations previously purchased by Freddie Mac generation-skipping transfer or trust what is.
- Definition Graham-Harvey Measure 1:
- Examples developed by John Graham and Campbell Harvey. The idea is to lever a fund's portfolio to exactly match the volatility of the S;P 500. The difference between the fund's levered return and generation-skipping transfer or trust meaning.
- Definition Gold Coins:
- Examples Coin minted in gold, such as the American Eagle or the Canadian Maple Leaf generation-skipping transfer or trust abbreviation.
