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nondiscretionary trust vs investment trust

investment trust vs nondiscretionary trust

nondiscretionary trust and investment trust both are nouns.

Word NounAdjectiveVerbAdverb
nondiscretionary trust Yes No No No
investment trust Yes No No No
As nouns, investment trust is a hypernym of nondiscretionary trust; that is, investment trust 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
  • investment trust: a financial institution that sells shares to individuals and invests in securities issued by other companies
Other hypernyms of nondiscretionary trust include fund, investment company, investment firm.
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
Difference between nondiscretionary trust and investment trust

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