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nondiscretionary trust

n.
1.an investment trust that can buy only those securities listed when the trust was organized

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    Idiom of the Day

    wet blanket
    a person who discourages other people from having fun
    The boy is a wet blanket so we never invite him to our parties.



    1.
    He didn't really give speeches because he used to scream and shout and you could hear him ________ a hundred meters down the road.

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    During World War II Canadian scientists secretly developed biological weapons which were later taken over by the USA. Anthrax was one.      .. More >>
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