deciphering a trust in spanish
does anyone know what the terms fideicomiso, fideicomitente and fideicomisario mean? I'm assuming
1 Answer
Fideicomiso (Trusteeship)
Fideicomiso es la transmisión de uno o más bienes, cantidades de dinero o derechos, presentes o futuros, a una persona natural o persona jurídica llamada fiduciario, para que sean administrados o invertidos de acuerdo con un contrato, a favor del propio fideicomitente o de un tercero, llamado beneficiario. Su origen puede hallarse en la fiducia (derecho romano)
Trusteeship
n. office of trustee, function of a person granted custodianship over property not belonging to him, duty of one who is appointed to administer an institution; supervision over trust territories by appointed countries or by the United Nations (Law)