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settle +‎ -or

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Noun edit

settlor (plural settlors)

  1. (trust law) A person who settles property on express trust for the benefit of beneficiaries.
    Synonyms: trustor, grantor, donor
    • 2020, Katharina Pistor, “2: Coding Land”, in The Code of Capital [] , Princeton University Press, →ISBN:
      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. []

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