GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||
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14:07 Feb 19, 2013 |
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English to Croatian translations [PRO] Law/Patents - Law: Contract(s) | |||||||
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| Selected response from: Natasa Djurovic Serbia Local time: 06:14 | ||||||
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3 | povjeravanje vodjenja privatnih poslova trecoj osobi |
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povjeravanje vodjenja privatnih poslova trecoj osobi Explanation: blinf trust-povjeravanje vodjenja privatnih poslova trecoj osobi (bez mogucnosti kontrole) da se izbjegne sukob interesa Pravni rjecnik, M. Gacic -------------------------------------------------- Note added at 37 mins (2013-02-19 14:44:43 GMT) -------------------------------------------------- http://en.wikipedia.org/wiki/Blind_trust -------------------------------------------------- Note added at 38 mins (2013-02-19 14:45:25 GMT) -------------------------------------------------- A blind trust is a trust in which the fiduciaries, namely the trustees or those who have been given power of attorney, have full discretion over the assets, and the trust beneficiaries have no knowledge of the holdings of the trust and no right to intervene in their handling. Blind trusts are generally used when a settlor (sometimes called a trustor or donor) wishes to keep the beneficiary unaware of the specific assets in the trust, such as to avoid conflict of interest between the beneficiary and the investments. |
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