Phrases with «trust charter»

A "trust charter" refers to a document that outlines the rules and principles by which a trust operates. It establishes the guidelines for how the trust's assets are managed and distributed to beneficiaries. Think of it as a rulebook that ensures the trust is handled responsibly and according to the intentions of the person who established it. Full definition

Sentences with «trust charter»

  • Many stakeholders simply do not trust charter schools to welcome and support students who learn differently and can be challenging and expensive to educate. (ncsecs.org)
  • ItBit Trust Co., a New York start - up that allows investors to trade dollars for bitcoins, started operating Thursday under a banking trust charter that it says allows it to function legally in all 50 states. (theopenledger.com)
  • To service institutional banking clients, the BitLicense, they say, isn't sufficient — hence their play for a trust charter. (fortune.com)
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