TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

IRREVOCABLE TRUST [1 record]

Record 1 2007-03-06

English

Subject field(s)
  • Law of Trusts (common law)
  • Property Law (civil law)
  • Property Law (common law)
DEF

That form of trust that cannot be amended, canceled, or modified by the party making the trust.

CONT

... the Treasury Board submission requested authority to have the funds from the sale of the parking lot to be held in an "irrevocable trust" which had been established by Coopers and Lybrand (Trustees) and to allow DND to have full access to these funds solely and specifically for environmental remediation and risk management.

French

Domaine(s)
  • Droit des fiducies (common law)
  • Droit des biens et de la propriété (droit civil)
  • Droit des biens et de la propriété (common law)
DEF

Fiducie qui ne peut être résiliée ou modifiée par la personne qui l'a établie.

CONT

En général, une fiducie résiduaire de bienfaisance est une fiducie irrévocable qui détient les biens qui lui ont été confiés par l'auteur d'un organisme de bienfaisance enregistré ou autre donataire admissible.

Spanish

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