slovodefinícia
discretionary trust
(encz)		discretionary trust, n:
discretionary trust
(wn)		discretionary trust
n 1: a trust that gives the trustee discretion to pay the
beneficiary as much of the trust income as the trustee
believes appropriate
DISCRETIONARY TRUST
(bouvier)		DISCRETIONARY TRUSTS. Those which cannot be duly administered without the
application of a certain degree of prudence and judgment; as when a fund is
given to trustees to be distributed in certain charities to be selected by
the trustees.

podobné slovodefinícia
discretionary trust
(encz)		discretionary trust, n:
nondiscretionary trust
(encz)		nondiscretionary trust, n:
discretionary trust
(wn)		discretionary trust
n 1: a trust that gives the trustee discretion to pay the
beneficiary as much of the trust income as the trustee
believes appropriate
nondiscretionary trust
(wn)		nondiscretionary trust
n 1: an investment trust that can buy only those securities
listed when the trust was organized [syn: {nondiscretionary
trust}, fixed investment trust]

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