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Definitions and Synonyms of savings account trust | Another word for savings account trust | What is savings account trust?

Definition 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 - [noun denoting possession]

Synonyms for savings account trust in the sense of this definition

(savings account trust is a kind of ...) something (as property) held by one party (the trustee) for the benefit of another (the beneficiary)

"he is the beneficiary of a generous trust set up by his father"

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