what is an income trust?

2006-12-09 04:04:06 · 1 answers · asked by BARRY L 1 in Business & Finance ➔ Personal Finance

1 answers

A trust that hold income producing investments (e.g., bonds, mortgages and other loans). The revenues from these investments are then distributed to the members of the trust by the trustee.

See additional site below.

2006-12-10 22:12:04 · answer #1 · answered by SPLATT 7 · 1⤊ 0⤋

fedest.com, questions and answers