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Clifford trust   /klˈɪfərd trəst/   Listen
Clifford trust

noun
1.
A trust established to shift the income to someone who is taxed at a lower rate than the grantor for a period of 10 years or more.  Synonym: grantor trust.






WordNet 3.0 © 2010 Princeton University








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Words linked to "Clifford trust" :   trust, grantor trust



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