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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 earningsThe proportion of a company's profits after tax which are not paid out as dividends but reinvested in the company. Retained earningsRetained earningsAccounting earnings that are retained by the firm for reinvestment in its operations; earnings that are not paid out as dividends. |
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