Meaning NONDISCRETIONARY TRUST: A personal trust whose trustee has no discretion in deciding how income will be distributed to the beneficiary
More terms such as Nondiscretionary trust in Dictionary N.
- Definition Net Investment:
- Examples Gross, or total, investment minus depreciation nondiscretionary trust definition.
- Definition No-Load Mutual Fund:
- Examples investment company whose shares are sold without a sales charge. There can be other distribution charges, however, such as Article 12B-1 fees. A true no-load fund has neither a sales charge nor a nondiscretionary trust explain.
- Definition Naked Option Strategies:
- Examples strategy making exclusive use of one of the following: Short call strategy (selling or writing call options), and short put strategy (selling or writing put options). By themselves, these positions nondiscretionary trust what is.
- Definition "Need The Tick":
- Examples Used for listed equity securities. A stock must trade up/down at least one tick (1/8) in order to comply with regulations governing short sales/corporate repurchases nondiscretionary trust meaning.
- Definition Normal Random Variable:
- Examples A random variable that has a normal probability distribution nondiscretionary trust abbreviation.
