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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Warrant of distress Tugrik N244 Civil Court form
Leone Business Class LAN
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Ouguiya Intermediate Consumption Banking book
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Term created / updated 2013-10-07 12:26:58

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