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Definitions and Synonyms of discretionary trust | Another word for discretionary trust | What is discretionary trust?

Definition 1: a trust that gives the trustee discretion to pay the beneficiary as much of the trust income as the trustee believes appropriate - [noun denoting possession]

(discretionary trust is a kind of ...) something (as property) held by one party (the trustee) for the benefit of another (the beneficiary)

"he is the beneficiary of a generous trust set up by his father"

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Another word for discretionary

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Other word for discriminative

discriminative meaning and synonyms

How to pronounce discriminative