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

Definition 1: an investment trust that can buy only those securities listed when the trust was organized - [noun denoting possession]

Synonyms for nondiscretionary trust in the sense of this definition

(nondiscretionary trust is a kind of ...) a financial institution that sells shares to individuals and invests in securities issued by other companies

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