El fideicomiso
Example: El fideicomiso protege los bienes para futuras generaciones.
Definition
"El fideicomiso" is a legal arrangement in which assets are held by one party for the benefit of another. It protects property by ensuring it is managed or transferred according to specific terms, often to safeguard wealth for future generations or designated beneficiaries.
Etymology
The term "el fideicomiso" comes from Latin roots: 'fides' meaning faith or trust, and 'commissum' meaning something entrusted. It literally means 'that which is entrusted in trust.' Did you know? This concept has been used since Roman times to manage and protect assets across generations.
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"El fideicomiso" appears in the Vocaplus list "Spanish - Law - (A1-C2) - set 1", containing 125 commonly used words.
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