nondiscretionary trust

NOUN

22 LETTERS · STARTS WITH N

nondiscretionary trust is a valid 22-letter word worth 27 points in Scrabble and 31 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS

N1O1N1D2I1S1C3R1E1T1I1O1N1A1R1Y4T1R1U1S1T1

1 + 1 + 1 + 2 + 1 + 1 + 3 + 1 + 1 + 1 + 1 + 1 + 1 + 1 + 1 + 4 + 0 + 1 + 1 + 1 + 1 + 1 =27 PTS

DOUBLE WORD → 54TRIPLE WORD → 81

MEANING

What does nondiscretionary trust mean?

NOUN · 1 SENSE

An investment trust that can buy only those securities listed when the trust was organized.

SYNONYMS

BROADER