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Noun: discretionary trust
  1. A trust that gives the trustee discretion to pay the beneficiary as much of the trust income as the trustee believes appropriate

Derived forms: discretionary trusts

Type of: trust

Encyclopedia: Discretionary trust

Nearest

discreetly
discreetness
discrepancy
discrepant
discrete
discretely
discreteness
discretion
discretional
discretionary
discretionary trust
discriminable
discriminant
discriminate
discriminating
discrimination
discriminative
discriminative stimulus
discriminator
discriminatory
disc-shaped