Meaning of the acronym APT
In finance (general), the acronym APT stands for Asset protection trust.
Short definition from the glossary of financial terms
An asset protection trust is a vehicle for protecting an individual’s assets against creditors and pass them to the chosen beneficiary or beneficiaries. Ownership in the assets passes from the initial owner to the trust, which holds them on a discretionary basis.
Read the full definition of Asset protection trust in the glossary of financial terms.