English dictionary
nondiscretionary trust meaning and definition
Definition and meaning of nondiscretionary trust at MeaningMonkey.org. nondiscretionary trust meaning and definition in the English Dictionary.NONDISCRETIONARY TRUST noun
Definition of nondiscretionary trust (noun)
- an investment trust that can buy only those securities listed when the trust was organized
- synonyms: fixed investment trust
Source: Princeton University Wordnet