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.
The word Semper is an indeclinable adverb meaning âalways or âat all times. Indeclinable means that unlike other Latin parts of speech, it never changes its form. Fidelis is simply the nominative singular form of the word Fidelis (genitive Fidele) meaning âfaithful or âtrusty.