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nondiscretionary trust vs fixed investment trust

fixed investment trust vs nondiscretionary trust

nondiscretionary trust and fixed investment trust both are nouns.

Word NounAdjectiveVerbAdverb
nondiscretionary trust Yes No No No
fixed investment trust Yes No No No
As nouns, nondiscretionary trust and fixed investment trust are synonyms defined as:
  • nondiscretionary trust and fixed investment trust: an investment trust that can buy only those securities listed when the trust was organized
nondiscretionary trust (noun) fixed investment trust (noun)
an investment trust that can buy only those securities listed when the trust was organized an investment trust that can buy only those securities listed when the trust was organized
Difference between nondiscretionary trust and fixed investment trust

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