See Also: Defective Trust(law)
Red Board - Horse Racing(gambling)
Tote Board - Horse Racing(gambling)
Odds Board - Horse Racing(gambling)
Timing Board - Horse Racing(gambling)
Gambling(law)
gambling(medicine)
gambling(encyclopedia)
gambling(dictionary)
Women and Gambling(casino)

Red Board - Horse Racing (gambling) and Defective Trust (law)


Red Board - Horse Racing (gambling)


Old-time method of declaring a race official, by posting a red flag or board on the tote board.

Defective Trust (law)




A trust that is taxed as a Grantor Trust, usually because of a power inserted specifically to achieve this result, as with some life insurance trusts.