受益人

Upon creating a trust, the settlor must designate ascertained or ascertainable persons as beneficiaries to whom the trustee's obligations in respect of the trust fund arc owed or will owed, or must designate purposes in respect of which there is an enforcer.

在设立信托时，委托人必须指定确定的或可以确定的人作为受益人。受托人要对或将对这些人承担义务。或者在该信托已经设立了执行人的情况下，委托人必须指定该信托的目的。

Then,how to define the right,obligation and liability of the trustor,trustee and trust beneficiary,which are all arising from the trust property,is discussed to demonstrate whether the separation of right due to the assignability of trust property and the rules to protect the trust property right based on the L.

在此基础上，对信托财产权在委托人、受托人及受益人之间围绕信托财产所产生的一系列权利、义务和责任应如何界定，由信托财产可转让性产生的权利分离以及我国信托法关于信托财产权的保护规则是否符合效率原则等问题进行了论证。

From perspective of asymmetrical information, this paper analyzes the mechanics of protecting beneficiaries in trust.

本文从信息不对称的视角出发，利用现有的分析框架，分析了信托制度保护受益人的独特机制。

THE ISSUING BANK'S ACCEPTANCE, A DISCREPANCY FEE OF USD 50 FOR ACCOUNT OF BENEFICIARY SHALL BE LEVIED.

答疑：这里的意思是，如果开证行所接到的单据存在与信用证不符的情况，他们将向受益人收取50美元的费用。

BENEFICIARY'S CERTIFICATE ADDRESSED TO ISSUING BANK CONFIRMING THEIR ACCEPTANCE AND/OR NON-ACCEPTANCE OF ALL THE AMENDMENTS MADE UNDER THIS CREDIT.

受益人给开证行的证明，确认是否接受该信用证下的修改。

47A/Additional Conditions + IN CASE OF PRESENTATION OF DISCREPANT DOCUMENTS AND SUBJECT TO THE ISSUING BANK'S ACCEPTANCE, A DISCREPANCY FEE OF USD 50 FOR ACCOUNT OF BENEFICIARY SHALL BE LEVIED.

请解释一下答疑：这里的意思是，如果开证行所接到的单据存在与信用证不符的情况，他们将向受益人收取50美元的费用。

Negotiating bank's discount and/or interest if any prior to reimbursement by us are for a/c of beneficiary.

在偿付以前发生的，议付行的折扣和/或利息将由受益人支付。

We have draw on you at 60 day ' sight a draft for $ 90,000 , under the credit no.450 of june 6 , In favor of the tokyo bank .

对6月6日第450号信用证，我公司已开出面额为90，000元的汇票，该汇票以东京银行为受益人，付款日期为见票后60天。

We have drawn on you at 60 days' sight a draft for $90,000, under the credit No. 450 of June 6, in favor of the Tokyo Bank.

对6月6日第450号信用证，我公司已开出面额为90，000元的汇票，该汇票以东京银行为受益人，付款日期为见票后60天。

We shall open a letter of credit in your favor to be settled in RMB.

我们会开一份以你为受益人的以人民币结算的信用证。

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。