Search Result for "clifford trust":
Wordnet 3.0

NOUN (1)

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;
[syn: Clifford trust, grantor trust]



WordNet (r) 3.0 (2006):

Clifford trust
    n 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 [syn: Clifford trust, grantor trust]