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单词 discretionary trust
释义

discretionary trust


noun

a trust in which the beneficiaries' shares are not fixed in the trust deed but are left to the discretion of other persons, often the trustees

Words nearby discretionary trust

discrete variable, discretion, discretional, discretionary, discretionary account, discretionary trust, Discretion is the better part of valor, discretization, discriminable, discriminant, discriminant function
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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