slovo | definícia |
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.
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| podobné slovo | definícia |
nondiscretionary trust (encz) | nondiscretionary trust, n: |
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] |
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.
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