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English dictionary
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English
noun
:
Clifford trust
1.
Clifford trust
(possession)
a trust established to shift the income to someone who is taxed at a lower rate than the grantor for a period of 10 years or more
Synonyms
grantor trust
Broader (hypernym)
trust
Based on WordNet 3.0 copyright © Princeton University.
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Orcapia v/Per Bang
. English edition:
Peter Jensen
.
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