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.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


Search Term   

CTR Principal Accepting house
Refund NPO Banana Problem
Securitisation Public company or public limited company Carat
Forwarding Agent Just in Time (JIT) Surplus
Bots Decree Nisi Repo
Stakeholder CHIP and PIN Counsel
Gold Cordoba JCCC Notice board terms of use
Employment contracts County Court Norwich Pharmacal orders
Value billing Guarani Admiralty Court
CMO Pre-Finance Goods Cache
Tax Form - P45 (car) Cost Unit Guardianship order
Ex gratia Colon - Costa Overrule
EEMEA Economic Capital Application

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

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.