nondiscretionary trust vs fund

nondiscretionary trust and fund both are nouns.

Word	Noun	Adjective	Verb	Adverb
nondiscretionary trust	Yes	No	No	No
fund	Yes	No	Yes	No

As nouns, fund is a hypernym of nondiscretionary trust; that is, fund is a word with a broader meaning than nondiscretionary trust:

nondiscretionary trust: an investment trust that can buy only those securities listed when the trust was organized
fund: a financial institution that sells shares to individuals and invests in securities issued by other companies

Other hypernyms of nondiscretionary trust include investment company, investment firm, investment trust.

nondiscretionary trust (noun)	fund (noun)
an investment trust that can buy only those securities listed when the trust was organized	a financial institution that sells shares to individuals and invests in securities issued by other companies
	a reserve of money set aside for some purpose
	a supply of something available for future use

nondiscretionary trust (verb)	fund (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