discretionary trust

English - English

Definition of discretionary trust in English English dictionary

a trust that gives the trustee discretion to pay the beneficiary as much of the trust income as the trustee believes appropriate

Hyphenation

dis·cre·tion·a·ry trust

Turkish pronunciation

dîskreşıneri trʌst

Pronunciation

/dəˈskresʜənˌerē ˈtrəst/ /dɪˈskrɛʃənˌɛriː ˈtrʌst/