savings account trust

sa·ving·sac·counttrust

uncommon

noun

1.

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

Synonyms

Related words

Broader terms

trust

WordNet 2.1 (Princeton University). WordNet 2.1 Copyright Princeton University. All rights reserved.

Grammar

noun
singular	savings account trust
plural	savings account trusts

Nearby words

savin saving saving savings savings account savings and loan savings and loan association savings bank savings bank trust savings bond

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