Bankruptcyremote Trust Financial Glossary

What is it? A bankruptcy-remote trust is a distinct and separate entity from all other trusts established by the Trustee. The trusts assets are segregated from the assets of all other trusts of the Trustee, and are only available to meet this trusts liabilities.

Finance Term Definition Added By: Jada

Send To Friends!

If you'd like to send the Bankruptcyremote Trust definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Bankruptcyremote Trust. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term ACH is Automated clearing house (also known as direct deposit)

Financial Term Term Insurance is A type of life insurance in which the insurance company pays a specified sum if the insured dies during the coverage period. Term insurance includes no savings, cash values, borrowing power, or benefits at retirement. On the basis of cost, it is the very least expensive insurance available, although policy prices can vary significantly among firms.

Financial Term Appraisal Report is A written report by an appraiser containing his opinion as to the value of a property and the reasoning leading to the opinion. The factual data supporting the opinion, such as comparables, appraisal formulas, and qualifications of the appraiser, will also be set forth.

Financial Term Tax Bracket is Typically the marginal tax rate you pay on your last dollar earned.

Financial Term Operating profit (reported) is Profit before taking into account interest and corporation tax.