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单词 trust account
释义

trust account


noun

an account of property established with a trust company by a grantor, for distribution during or after the grantor's lifetime.
Also called trustee account .Banking. a savings account over which the depositor, while living, has sole control as trustee, and which upon the death of the depositor becomes payable to the beneficiary.

Words nearby trust account

trussed, truss hoop, trussing, truss rod, trust, trust account, trustafarian, trustbuster, trust busting, trust company, trust deed
Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for trust account

trust account

noun

Also called: trustee account a savings account deposited in the name of a trustee who controls it during his lifetime, after which the balance is payable to a prenominated beneficiary
property under the control of a trustee or trustees
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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更新时间:2024/9/21 17:27:11