nondiscretionary

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Английский Язык - Английский Язык
Not discretionary; thus, frequently, mandatory

Most of our expenses are nondiscretionary.

Of or pertaining to non-discretionary spending
Mandatory

Связанные Термины

nondiscretionary trust
an investment trust that can buy only those securities listed when the trust was organized
nondiscretionary trust
A personal trust whose trustee has no discretion in deciding how income will be distributed to the beneficiary