settlor

American  

[set-ler, -l-er] / ˈsɛt lər, -l ər /

noun

Law.

1. a person who makes a settlement of property.

---

settlor British  

/ ˈsɛtlə /

noun

1. law a person who settles property on someone

---

Etymology

Origin of settlor

First recorded in 1810–20; settle ¹ + -or ²

Compare meaning

How does settlor compare to similar and commonly confused words? Explore the most common comparisons:

• settlor vs. grantor

Example Sentences

A trust is an agreement typically involving three parties: A settlor places something valuable in the care of a trustee for the benefit of a beneficiary.

From Washington Post

The trustees are puppets; the settlor still controls the asset in practice.

From New York Times

Plan sponsors, therefore, wear two hats: one as a settlor; another as a fiduciary.

From New York Times

Here, most trusts are irrevocable and are not self-settled, i.e., the settlor is not also a beneficiary of the trust.

From Forbes

The idea here is that the settlor of the trust is not, repeat not, given anything like a beneficial interest in the trust, i.e., is not made a beneficiary of the trust.

From Forbes