Tag: trust
Vendor
DefinitionIn a supply chain, a vendor, or a seller, is an enterprise that contributes goods or services. Generally, a supply chain vendor manufactures inventory/stock...
Venture Capital Trust (VCT)
What is 'Venture Capital Trust - VCT' A type of publicly listed closed-end fund found in the United Kingdom. A venture capital...
Family Limited Partnership (FLP)
What is 'Family Limited Partnership - FLP' A type of partnership designed to centralize family business or investment accounts. FLPs pool together...
Water ETF
What is a water ETF and how does it work
A water ETF is an exchange traded fund that invests in companies involved in the...
Wash Trading
What is Wash Trading
Wash trading is the illegal practice of buying and selling assets in order to artificially inflate the price. This is often...
Wasting Asset
What is 'Wasting Asset' An item that irreversibly declines in value, as a function of time. Wasting assets include vehicles, machinery and...
Wasting Trust
What is 'Wasting Trust' A trust that holds plan assets when a qualified plan is frozen. A "wasting trust" derives its name...
Wealth Management
DefinitionWealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services. High-net-worth individuals, small-business owners...
Generation-Skipping Trust
What is a 'Generation-Skipping Trust' A generation-skipping trust is a type of legally binding trust agreement in which the contributed assets are...
Generation-Skipping Transfer Tax (GSTT)
What is 'Generation-Skipping Transfer Tax - GSTT' A tax incurred when there is a transfer of property by gift or inheritance to...