Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun nondiscretionary_trust

1 sense of nondiscretionary trust

Sense 1
nondiscretionary trust, fixed investment trust -- (an investment trust that can buy only those securities listed when the trust was organized)
       => investment company, investment trust, investment firm, fund -- (a financial institution that sells shares to individuals and invests in securities issued by other companies)