Business Terms and Jargon Explained

What is Discretionary Trust

A trust where no one individual has the right to be the beneficiary. The trustees have the power and to decide who benefits from the trust. They normally will have instruction depending on the date, circumstances and conditions that will decide who the beneficiary is.

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Political Risk Dividend cover Biweekly
Quick wins Togrog Trade discount
Appropriate systems Undercapitalized N9B Civil Court form
Price Transparency Syli Nisi
Horizontal integration Quantum of damages Accounts receivable
To arraign Gearing Stock losses
Lamfalussy A.E.R Won
Enterprise zone Counsel Human capital
Compensation In delicto Consensus
Eurobond Grant of confirmation Writ of Execution
Tax Avoidance Kaffirs Charging Order
Free Zone AMOGA Zero Rate Certificate
Sucre CAPEX Berne Convention

Term created / updated 2013-10-07 12:26:58

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