An arrangement where the trustees are responsible for the safeguard and administer the assets such as money and property of another person or people (the beneficiaries).
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.