See Also: Discretionary trust(money)
Non-discretionary trust(finance)
Discretionary trust(finance)
Tight money or dear money(finance)
discretionary(dictionary)
Discretionary(money)
Discretionary account(tourism)
Discretionary proposition(finance)
Discretionary order(money)
discretionary income(dictionary)

Discretionary trust (money)


Definition: [crh] In the context of mutual funds, refers to a mutual fund or unit trust whose management decides on thDefinition: e best way to use the assets without restriction to a specific type of security.

In the context of trusts, refers Definition: to a personal trust in which a trustee has the power of decision as to how much income or principal each beneDefinition: ficiary receives.