Treuhandwesen
German
Etymology
Treuhand (“trust/fiduciary”) + Wesen (“system/entity”).
Pronunciation
- IPA(key): [ˈtʁɔɪ̯hantˌveːzn̩]
- Hyphenation: Treu‧hand‧we‧sen
Noun
Treuhandwesen n (strong, genitive Treuhandwesens, plural Treuhandwesen)
- (finance, law) fiduciary affairs, trustee system (the entire sector or system dealing with the administration of assets by a third party on behalf of a beneficiary)
- Das schweizerische Treuhandwesen genießt weltweit einen Ruf für Diskretion und Professionalität.
- The Swiss fiduciary system enjoys a worldwide reputation for discretion and professionalism.
- Im Treuhandwesen ist das persönliche Vertrauensverhältnis zwischen Treugeber und Treuhänder die wichtigste Basis.
- In fiduciary affairs, the personal relationship of trust between the trustor and the trustee is the most important basis.
Declension
Declension of Treuhandwesen [neuter, strong]
Synonyms
- Treuhandschaft (trusteeship)
Coordinate terms
- Vermögensverwaltung (wealth management; often part of fiduciary services)
- Kapitalverwaltung (capital management)
- Jahresüberschuss (net income; managed for the beneficiary)
- Zahlungskraft (solvency; ensured by the trustee)
- Testamentsvollstreckung (executorship)
Related terms
- Treuhänder (trustee)
- treuhänderisch (fiduciary; adjective)
References
- “Treuhandwesen” in Digitales Wörterbuch der deutschen Sprache
- “Treuhandwesen” in Duden online