Home > Term: Party in interest
Party in interest
An ERISA-specified individual?such as an administrator, officer, fiduciary, trustee, custodian, or counsel?who is prohibited from making certain transactions involving a retirement plan. A trustee, for example, would be prohibited from using an IRA as collateral for a loan.
- Jenis Kata: noun
- Industri / Domain: Layanan keuangan
- Kategori: Keuangan secara umum
- Company: Bloomberg
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