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Definition of Nondiscretionary trust
1. Noun. An investment trust that can buy only those securities listed when the trust was organized.
Exact synonyms: Fixed Investment Trust
Generic synonyms: Fund, Investment Company, Investment Firm, Investment Trust
Generic synonyms: Fund, Investment Company, Investment Firm, Investment Trust
Lexicographical Neighbors of Nondiscretionary Trust
Literary usage of Nondiscretionary trust
Below you will find example usage of this term as found in modern and/or classical literature:
1. Trust Assets: Investment of Trust Assets in Bank Proprietary Mutual Funds by DIANE Publishing Company (1995)
"... Distribution of Trust Assets as of December 1993 $8.6 Trillion in nondiscretionary
trust assets $608 Billion in pooled trust investment funds-employee ..."
Other Resources:
