TERMIUM Plus®

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POOLED INCOME FUND [2 records]

Record 1 2007-12-06

English

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

A type of mutual fund comprised of gifts that are pooled and invested together. Income from the fund is distributed to both the fund's participants and named beneficiaries according to their share of the fund.

OBS

Basically, a pooled income fund allows you to do three things : 1) ensure a perpetual income, 2) claim a current tax deduction and 3) make a future gift to charity.

French

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

Type de fiducie résiduaire de bienfaisance aux États-Unis où les contributions des donateurs sont regroupées et où chaque bénéficiaire reçoit au prorata une part des revenus nets.

Spanish

Save record 1

Record 2 1986-10-02

English

Subject field(s)
  • Private Law

French

Domaine(s)
  • Droit privé
OBS

Proposition d'après le modèle de «pooled fund trust» «fiducie de fonds mis en commun» (Loi de l'impôt sur le revenu du Canada et Règlements, 1979, R. 5000 (7].

Spanish

Save record 2

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