fideicomiso — meaning in English

English meaning

• escrow noun Money or property held by a neutral third party until agreed conditions are met.
• trust noun Firm belief in the reliability or honesty of someone or something.

Senses

fideicomiso is used for these senses in English:

• escrow (legal) A contractual arrangement whereby money or assets are held in trust by an independent agent by the agreement of the parties, which can only be released to the relevant party once certain contractual conditions have been fulfilled.
• fideicommissum A benefit bequeathed to a beneficiary who inherits the benefit, subject to the obligation of bequeathing it to another.

escrow — full definition

1. noun Money or property held by a neutral third party until agreed conditions are met.
2. verb To place money or property in the custody of a neutral third party until conditions are met.

trust — full definition

1. noun Firm belief in the reliability or honesty of someone or something.
2. noun A legal arrangement where property or money is held by one party for the benefit of another.
3. verb To believe in the reliability or truth of someone or something.

Related Spanish words