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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

    take on (something) or take (something) on
    to begin to do something, to commit oneself to something
    Recently, my father has begun to take on too many things at work and he has become very tired. I took on the extra work to make some more money.



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