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discretionary trust
noun
a trust in which the beneficiaries' shares are not fixed in the trust deed but are left to the discretion of other persons, often the trustees
Words nearby discretionary trust
discretion
,
discretion is the better part of valor
,
discretional
,
discretionary
,
discretionary account
,
discretionary trust
,
discretization
,
discriminable
,
discriminant
,
discriminant function
,
discriminate