The party that creates a trust is known as the grantor. In the trust agreement, the grantor names a person, known as the trustee, to take possession of the trustâs assets and manage them. The trustee may be a person or a small business or corporation. The party that is designated to receive the income or other assets from the trust is known as the beneficiary.
Wiktionary(0.00 / 0 votes)Rate this definition: 1  determinable(Noun) An attribute of something that is suceptible of determination into various states. 2  determinable(Adjective) Able to be determined or limited. 3  determinable(Adjective) Able to be decided or settled by law.
Meaning: A determining or causal element or factor. Classified under: Nouns denoting cognitive processes and contents. Synonyms: causal factor; determinant; determining factor; determinative; determiner. Context example: education is an important determinant of one's outlook on life. Hypernyms (determinative is a kind of...):