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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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of settlor

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

Compare meaning

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Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

The courts of equity also will interfere in some cases of defective execution in order to carry out the intentions of the settlor.

From Encyclopaedia Britannica, 11th Edition, Volume 2, Slice 3 "Apollodorus" to "Aral" by Various

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