n. A person who settles property on express trust for the benefit of beneficiaries.
The Century Dictionary and Cyclopedia
n. In law, the person who makes a settle ment.
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
n. (law) a person who creates a trust by giving real or personal property in trust to a trustee for the benefit of a beneficiary; a person who gives such property is said to settle it on the trustee
Word Usage
"• Contracts should be structured as three-way trust relationships where possible, with the government as settlor, the contractor as trustee, and the affected population as beneficiary."