trustee account
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 (synonym) savings account trust, savings bank trust, trust account, Totten trust (hypernym) trust | ||||
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Trustee account definition was found in categories: Language, Idioms & Slang(1)
Trustee account Definition from Language, Idioms & Slang Dictionaries & Glossaries
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trustee account
trustee account
n : 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 [syn: savings account trust, savings bank trust, trust account, totten trust]
trustee account
n : 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 [syn: savings account trust, savings bank trust, trust account, totten trust]