UNIFORM TRUST CODE

The Uniform Trust Code is a model law in the United States, which although not binding, is influential in the states, and used by many as a model law. As of January 1, 2020, 34 States have enacted a version of the Uniform Trust Code. Legislation has currently been proposed in New York to adopt the UTC.

https://www.uniformlaws.org/HigherLogic/System/DownloadDocumentFile.ashx?DocumentFileKey=6bae0bb2-00ea-8080-d084-5be9ef7bbc66&forceDialog=0

Quid pro quo

Quid pro quo is a Latin phrase used in English to mean an exchange of goods or services, in which one transfer is contingent upon the other; “a favor for a favor”. Phrases with similar meanings include: “give and take”, “tit for tat”, “you scratch my back, and I’ll scratch yours”, and “one hand washes the other”. Other languages use other phrases for the same purpose.

https://en.wikipedia.org/wiki/Quid_pro_quo

pejorative

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • adjective Disparaging; belittling.
  • noun A disparaging or belittling word or expression.

from The Century Dictionary.

  • Tending or intended to depreciate or deteriorate, as the sense of a word; giving a low or bad sense to.
  • noun In grammar, a word that depreciates or deteriorates the sense: thus, poetaster is a pejorative of poet, criticaster of critic.