Formatter

settlor — English Dictionary

settlor
Pronunciations (4)
  • /ˈsɛt.lɚ/
    Pronunciation notes
    • General-American
  • /ˈsɛt.l̩.ɚ/
    Pronunciation notes
    • General-American
  • /ˈsɛt.lə/
    Pronunciation notes
    • Received-Pronunciation
  • /ˈsɛt.l̩.ə/
    Pronunciation notes
    • Received-Pronunciation

Noun

  1. A person who settles property on express trust for the benefit of beneficiaries.

    Synonyms
    trustorgrantordonor
    Related words
    beneficiarytrustee
    Narrower terms
    testator
    Examples
    More examples (1)

    Once the trust deed is drawn up and the asset transferred to the trustee, the settlor no longer owns the asset; his personal creditors therefore cannot seize it to satisfy their claims. […]

Noun

  1. (law) a person who creates a trust by giving real or personal property in trust to a trustee for the benefit of a beneficiary; a person who gives such property is said to settle it on the trustee

    Synonyms
    trustor
    Broader terms
    donorgiverpresenterbestowerconferrer
Word forms
settlors

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