a person who entices or lures another person or thing, as into danger, a trap, or the like. 2. anything used as a lure. 3. a trained bird or other animal used to entice game into a trap or within gunshot. 4. an artificial bird, as a painted wooden duck, used for the same purpose.
A credit-shelter trust (also known as an A-B trust, a bypass trust, or an exemption equivalent trust) is a way for you to pass on your estate and to avoid estate taxes. Under a credit-shelter trust, your surviving heirs would not receive your property (which would then be subject to an estate tax).
credit sleeve. Definition. Credit agreement between lender providing funds to another company co-guarantees the funds to increase the credit quality of the borrower. Credit sleeves are frequently created when a company's credit score drops and they lose access to more traditional methods of financing. Most Viewed.