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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