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单词 Totten trust
释义
Totten trust
(extremely rare)
n

WORD FAMILY
Totten trust
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|Hyper
savings account trust, savings bank trust, trust account, trustee account
trust
something (as property) held by one party (the trustee) for the benefit of another (the beneficiary)
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更新时间:2025/2/3 19:28:16