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thank you, come again!
Froogle 1.1.1.7
Froogled By:
Elias Makere, FSA, MAAA
Last Froogled:

CORPUS

body (Latin)

the main substance of a thing.
1. the principal (ie, res) of an estate/trust/devise/bequest from which income is derived. It can consist of funds; real estate; or other tangible/intangible property.

EXAMPLE:

John creates a trust (naming his [adopted] children as beneficiaries). A football field is stated to be the trust corpus in the trust instrument. The ticket sales [from the field] form the income that gets distributed to the children.
2. In civil law, corpus refers to a positive fact (as distinguished from a possibility).
see corpus delicti.
Congratulations! You're now Froogled Up™ on what "Corpus" means!

Feel free to use it throughout your financial/insurance life.

Sincerely,



www.FroogleMe.com
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