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单词 spendthrift trust
释义

spendthrift trust


noun Law.

a trust that provides a fund for a beneficiary, as a minor, with the title vested so that the fund or its income cannot be claimed by others, as creditors of the beneficiary.
Also called sheltering trust.

Words nearby spendthrift trust

spendable, spender, spending money, spends, spendthrift, spendthrift trust, Spener, Spengler, Spenser, Spenserian, Spenserian sonnet
Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020
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更新时间:2024/9/20 15:24:32