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.
General deterrence is a legal theory, which also works to send a message to the general public about crime. General deterrence means that the law seeks to deter the public from engaging in certain types of conduct. To deter means to discourage. In the criminal justice system, general deterrence seeks to stop the public from entering into illegal activities.