Tag: trust

National Association Of Real Estate Investment Trusts (NAREIT)

What is 'National Association Of Real Estate Investment Trusts - NAREIT' A trade association that represents U.S. Real Estate Investment Trusts (REITs)...

John T. Dillon

DefinitionJohn T. Dillon, is the retired chairman and chief executive officer of International Paper. John T. Dillon What is 'John T. Dillon' ...
Joint owned property

Joint Owned Property

What is joint ownership of property Joint owned property refers to a situation in which two or more individuals own an asset together. There are...

Real Estate Operating Company (REOC)

What is ‘Real Estate Operating Company – REOC' A company that invests in real estate and whose shares trade on a public exchange. A real...

Offshore Mutual Fund

What is 'Offshore Mutual Fund' A mutual fund that is based in an offshore jurisdiction, which is generally considered to be outside...

Qualifying Domestic Trust (QDOT)

Qualifying Domestic Trust (QDOT) What is 'Qualifying Domestic Trust - QDOT' A type of trust that allows taxpayers who are not...

Pass-Through Certificate

DefinitionA pass-through certificates is an instrument that evidences the ownership of two or more equipment trust certificates. In other words, equipment trust certificates may...

Laughing Heir

DefinitionIn the law of inheritance, a laughing heir is an heir who is legally entitled to inherit the property of a person who has...

Land Trust

DefinitionThere are two distinct definitions of a land trust... Land Trust What is 'Land Trust' A legal agreement where a trustee is...

Lady Macbeth Strategy

What is 'Lady Macbeth Strategy' A corporate-takeover strategy with which a third party poses as a white knight to gain trust, but...

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