Cartoon Guy Holding Stack Of Books

Charter

ABC Blocks

(properly pronounced ses-tee kay, but lawyers popularly pronounce it setty kay) from old french. 1) an old-fashioned expression for the beneficiary of a trust. 2) “the one who trusts” or the person who will benefit from the trust and will receive payments or a future distribution from the trust’s assets.

Was This Term Helpful?

0 out of 0 found this helpful


Still got a question or concern?

Click here to contact us or go back to the main Glossary page.