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Grantor Retained Income Trust (GRIT) |
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Grantor Retained Income Trust (GRIT)A tax-saving trust in which a grantor transfers property to a beneficiary, but receives income until termination, at which time the beneficiary begins receiving the income.Grantor Retained Income Trust (GRIT) Similar MatchesRetained earningsRetained earningsAccounting earnings that are retained by the firm for reinvestment in its operations; earnings that are not paid out as dividends. Retained earningsRetained earningsThe proportion of a company's profits after tax which are not paid out as dividends but reinvested in the company. |
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