nondiscretionary trust

1. 1.

   an investment trust that can buy only those securities listed when the trust was organized

   Synonymsfixed investment trust

   Broaderinvestment company

Questions about nondiscretionary trust

What does nondiscretionary trust mean?

nondiscretionary trust means "an investment trust that can buy only those securities listed when the trust was organized".

What is another word for nondiscretionary trust?

Close synonyms include fixed investment trust. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is nondiscretionary trust a common word?

nondiscretionary trust is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.