discretionary trust
trust where the beneficiaries and/or their entitlements to the trust fund are not fixed but are determined by the settlor
Pronunciations
British English
/dɪˈskɹɛʃnəɹɪ ˈtɹʌst/Open converterAmerican English
/dɪsˈkɹɛʃəˌnɛɹi ˈtɹʌst/Open converter
These IPA transcriptions are generated from the name above. Proper names may have other pronunciations, and current converter results may differ. How transcription works