fixed trust
21Beneficiary (trust) — Cestui que use redirects here. See also, Cestui que. In trust law, a beneficiary or cestui que use, a.k.a. cestui que trust, is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a… …
22Unit trust — A unit trust is a form of collective investment constituted under a trust deed.Found in Australia, Ireland, the Isle of Man, Jersey, New Zealand, South Africa, Singapore [Lee, Boon Keng and Ong, Andy. Personal Financial Planning in Singapore. INS …
23unit trust — 1. Also called fixed investment trust, fixed trust. an investment company that has a fixed portfolio of securities, usually of a single type, such as municipal bonds or corporate bonds, which are held to maturity: each investor receives a share… …
24nondiscretionary trust — A trust in which the trustee has no discretion about how to spend or invest trust funds. Also called a fixed trust. Category: Wills, Trusts & Estates → Living Trusts & Avoiding Probate Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen …
25discretionary trust — /dɪsˈkrɛʃənri trʌst/ (say dis kreshuhnree trust) noun Law a trust in which the trustees have absolute discretion as to the application of the trust capital and income (opposed to a fixed trust) …
26flexible trust — /flɛksəbəl ˈtrʌst/ (say fleksuhbuhl trust) noun a unit trust whose trust deed provides for changes being made in the portfolio of investments at the discretion of the management company, usually after approval by the trustee company (opposed to… …
27Management Trust — Form der ⇡ Kapitalanlagegesellschaft, bei der die Auswahl der Anlagewerte der Trust Leitung überlassen bleibt. Gegensatz: Fixed Trust …
28Charitable trust — Wills, trusts and estates …
29Depository Trust & Clearing Corporation — Type Private Industry Finance Ge …
30Unit Investment Trust — A Unit Investment Trust (UIT) is a US investment company offering a fixed (unmanaged) portfolio of securities having a definite life. UITs are assembled by a sponsor and sold through brokers to investors.A UIT portfolio may contain one of several …
