Updated: Aug 20, 2021

A person who gives property, or a title to property, to another person. This word is usually applied to gifts, i.e. where no payment is made.

Reference: The Penguin Business Dictionary, 3rd edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.