Definition of trust account Trust account
trust ac•count
We found 1 definitions of trust account from 1 different sources.
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What does trust account mean?
WordNet
Noun |
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| trust account - a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary | ||
| savings account trust, savings bank trust, trustee account, Totten trust | ||
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