Meaning of trustee account in English

Table of contents
  1. Pronunciation
  2. Noun
    1. Definitions

  1. Pronunciation

    US accent

    UK accent

  1. Noun

    trustee account

    Definitions

    1. a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime

    Examples

    • « afterward the balance is payable to the previously named beneficiary »

Browse dictionary