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   

LIBO DAN Dividend cover
Receiver EBITDA Riel
Drop Catch Ask Financial Conglomerate
Dependency The Bar Divisional Court
Capital Gains Notice board terms of use
Power of Attorney Crown Court Hedging
Mortgage Offer Multicurrency Accounts payable
Cookie Pre-Finance Goods Macro environment
Warranty liability Internal Control DNO
Blind Testing Withholding Tax Oblique intent
Assurance Paris Convention Smart Card
Warrant of commitment Court Caution
UFT Hardening - Systems Journal

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 © 2004-2019 Scopulus Limited. All rights reserved.