My wife and I recently made a non-discretionary trust settlement on our grandchildren.
Financial and business terms. 2012.
non-discretionary trust — n. a trust in which the trustee is directed to invest only in specifically named securities and to diversify the investments among certain types of securities. The trustee has no discretion or personal decision making power in the matter.… … Law dictionary
Non-Discretionary Proposal — A proposition on a proxy card requiring a response from the beneficial owner which does not fall under the Ten Day Rule. Therefore, the broker cannot vote on behalf of the beneficial owner, it can only vote after specific instructions have been… … Financial and business terms
Discretionary access control — In computer security, discretionary access control (DAC) is a kind of access control defined by the Trusted Computer System Evaluation Criteria[1] as a means of restricting access to objects based on the identity of subjects and/or groups to… … Wikipedia
Non-judicial punishment — in the United States military, is a form of military justice authorized by Article 15 of the Uniform Code of Military Justice. Non judicial punishment or NJP permits commanders to administratively discipline troops without a court martial.… … Wikipedia
Discretionary trust — Wills, trusts and estates … Wikipedia
Discretionary Income — The amount of an individual s income that is left for spending, investing or saving after taxes and personal necessities (such as food, shelter, and clothing) have been paid. Discretionary income includes money spent on luxury items, vacations… … Investment dictionary
Discretionary spending — Part of a series on Government Public finance File:Governmentbhj,i,gu Vedder Highsmith detail 1.jpeg … Wikipedia
discretionary spending — noun a) The amount or portion of a persons or groups expenditures which is used for non essential or voluntary disbursements; the amount or portion of ones expenditures which one may make as one sees fit. In this scenario discretionary spending… … Wiktionary
Discretionary access control — Contrôle d accès discrétionnaire Le Contrôle d accès discrétionnaire (DAC pour Discretionary access control) est un genre de contrôle d accès, défini par le Trusted Computer System Evaluation Criteria (TCSEC) comme « des moyens de limiter l… … Wikipédia en Français
Non-tax revenue — Part of a series on Government Public finance … Wikipedia
