noun

el fideicomiso

trust

Contrato por el que una persona o empresa entrega bienes o dinero a otra entidad para que los administre con un fin específico y en beneficio de alguien.

The word "fideicomiso" in Spanish refers to a trust or fiduciary arrangement where one party, known as the fiduciary or trustee, holds assets or property for the benefit of another party, called the beneficiary. This legal structure is often used for estate planning, asset protection, and to manage funds or property according to specific instructions or for specific purposes. It's similar to a trust in English-speaking legal contexts.

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Examples

El fideicomiso fue creado para proteger los bienes de la familia.noun

The trust was created to protect the family's assets.

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