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nondiscretionary trust
(redirected from Non-Discretionary Trust)

   Also found in: Legal, Financial 0.01 sec.
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Noun1.nondiscretionary trust - an investment trust that can buy only those securities listed when the trust was organized
investment company, investment firm, investment trust, fund - a financial institution that sells shares to individuals and invests in securities issued by other companies


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Together, they account for $89 billion in total discretionary and non-discretionary trust assets in addition to total principal outstanding of $243 billion in Corporate and Municipal Debt and Asset-Backed Securities.
Prior to this he was a portfolio manager in Chicago at Northern Trust Company where he managed individual discretionary and non-discretionary trust accounts.
 
 
 
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