TERMIUM Plus®

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

ACCUMULATE INCOME [4 records]

Record 1 2016-10-13

English

Subject field(s)
  • Property Law (common law)
  • Law of Estates (common law)
CONT

... the income of the fund was to be made available at the discretion of the trustees to all employees, ex-employees and all their dependents. The trustees were not forced to distribute all the money every year, the money could accumulate if not spent. Because the class of objects was so wide the validity of the trust seemed to hinge on whether the trustees were given a discretionary power or a duty of distribution...

French

Domaine(s)
  • Droit des biens et de la propriété (common law)
  • Droit successoral (common law)

Spanish

Save record 1

Record 2 2015-04-12

English

Subject field(s)
  • Law of Trusts (common law)
OBS

Where property is held by trustees in trust for an infant the trustees are to accumulate the surplus income not required for his maintenance, education and benefit...

French

Domaine(s)
  • Droit des fiducies (common law)
DEF

Fiducie en vertu de laquelle le fiduciaire est chargé de retenir et d'accumuler les revenus ou une partie des revenus produits par le placement ou la gestion du capital de la fiducie, et d'ajouter ces revenus au fonds-capital ou de les gérer comme un fonds-capital de sorte qu'ils perdent leur qualité de revenus.

Spanish

Save record 2

Record 3 2015-04-01

English

Subject field(s)
  • Finance
CONT

... to distribute, apportion, or accumulate income to or for a beneficiary...

French

Domaine(s)
  • Finances

Spanish

Campo(s) temático(s)
  • Finanzas
Save record 3

Record 4 2005-02-03

English

Subject field(s)
  • Law of Estates (common law)
  • Commercial and Other Bodies (Law)
DEF

A trust in which the trustee must accumulate income and gains from sales of trust assets for ultimate disposition when the trust terminates.

French

Domaine(s)
  • Droit successoral (common law)
  • Organismes commerciaux ou non (Droit)
DEF

Fiducie en vertu de laquelle le fiduciaire est chargé de retenir et d'accumuler les revenus ou une partie des revenus produits par le placement ou la gestion du capital de la fiducie.

Spanish

Save record 4

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