nondiscretionary trust

ریشه

From the prefix 'non-' meaning not, 'discretionary' meaning available for use at the discretion of the user, and 'trust' from Old Norse 'traust' meaning 'confidence, help, protection'.

مثال

• In a nondiscretionary trust, the trustee must follow the exact terms of the trust.
• The beneficiaries of a nondiscretionary trust receive distributions according to the trust's terms.
• A nondiscretionary trust provides less flexibility for the trustee.

ترکیب‌های رایج

Nondiscretionary trust agreement Nondiscretionary trust fund Nondiscretionary trust assets