I've never heard of monotonic being used for two (input) variables, but I suppose it would mean that, for each fixed value of y, u is a monotonic function of x, and for each fixed value of x, u is a monotonic function of y (and I expect they'd need to be either both monotonic increasing or both monotonic decreasing).
Business Trust Law & Legal Definition. Business trust is a form of business organization which is similar to a corporation, in which investors receive transferable certificates of beneficial interest.n some states, a business trust is subject to the laws of trusts whereas in other states the laws of corporations or partnerships govern its existence.
Collective Investment Trusts. A Collective Investment Trust (CIT) is a pooled group of trust accounts operated by a trust company or a bank. Collective Investment Trusts combine the assets of various individuals and organizations to create a larger, well-diversified portfolio.