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Nondiscretionary trust
/nˌɒndɪskɹˈɛʃənəɹi tɹˈʌst/
/nˌɑːndɪskɹˈɛʃənˌɛɹi tɹˈʌst/
Nondiscretionary trust
01
an investment trust that can buy only those securities listed when the trust was organized
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an investment trust that can buy only those securities listed when the trust was organized