Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
nondiscretionary trust | Yes | No | No | No |
investment trust | Yes | No | No | No |
nondiscretionary trust (noun) | investment trust (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 |