settlor

American  

[set-ler, -l-er] / ˈsɛt lər, -l ər /

noun

Law.

1. a person who makes a settlement of property.

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settlor British  

/ ˈsɛtlə /

noun

1. law a person who settles property on someone

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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

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

From New York Times • Nov. 30, 2016

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 • Aug. 23, 2014

The announcement said he was "settlor and sole beneficiary" of the trust.

From The Guardian • Jun. 21, 2010

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

And a settlor generally conveys “as settlor,” by which only a covenant for further assurance is implied under the Conveyancing Act 1881.

From Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 3 "Convention" to "Copyright" by Various