discretionary trust discretionary • discretive · · · Info · Definitions · Characters · · discretionary trust · · Text Common · · Latin · · Scripts 19 · · Length 6 · · Syllables Definitions · · · (noun) a trust that gives the trustee discretion to pay the beneficiary as much of the trust income as the trustee believes appropriate. Synonyms: discretionary trust. · · Noun Definition 1 Characters · · space U+0020 a latin small letter a U+0061 c latin small letter c U+0063 d latin small letter d U+0064 e latin small letter e U+0065 i latin small letter i U+0069 n latin small letter n U+006E o latin small letter o U+006F r latin small letter r U+0072 s latin small letter s U+0073 t latin small letter t U+0074 u latin small letter u U+0075 y latin small letter y U+0079