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fund vs nondiscretionary trust

nondiscretionary trust vs fund

fund and nondiscretionary trust both are nouns.

fund is a verb but nondiscretionary trust is not a verb.

Word NounAdjectiveVerbAdverb
fund Yes No Yes No
nondiscretionary trust Yes No No No
As nouns, nondiscretionary trust is a hyponym of fund; that is, nondiscretionary trust is a word with a more specific, narrower meaning than fund:
  • fund: a financial institution that sells shares to individuals and invests in securities issued by other companies
  • nondiscretionary trust: an investment trust that can buy only those securities listed when the trust was organized
fund (noun) nondiscretionary trust (noun)
a financial institution that sells shares to individuals and invests in securities issued by other companies an investment trust that can buy only those securities listed when the trust was organized
a reserve of money set aside for some purpose
a supply of something available for future use
fund (verb) nondiscretionary trust (verb)
furnish money for
place or store up in a fund for accumulation
convert (short-term floating debt) into long-term debt that bears fixed interest and is represented by bonds
accumulate a fund for the discharge of a recurrent liability
invest money in government securities
provide a fund for the redemption of principal or payment of interest
Difference between fund and nondiscretionary trust

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