Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun clifford_trust

1 sense of clifford trust

Sense 1
Clifford trust, grantor trust -- (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)
       => trust -- (something (as property) held by one party (the trustee) for the benefit of another (the beneficiary); "he is the beneficiary of a generous trust set up by his father")