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Finanza: Fondi comuni di investimento
| English |
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| 4 |
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| Noun |
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| a legal arrangement under which an individual (trustor - management company) gives fiduciary control of a property (fund property) to a person or institution (trustee) for the benefit of a beneficiary (unit-holders). |
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| Gl-MW |
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| [...] In the collapse of Barings Bank in 1995 it was notable that the assets of the Barings unit trusts were protected from being drawn into the fiasco because the assets in the trust were not owned by Barings but by the unit holders, and held in trust by trustees. [...] |
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| MO |
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| Trust |
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| trust |
