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

Definition 1: a trust created to maintain a beneficiary but to be secure against the beneficiary's improvidence - [noun denoting possession]

(spendthrift 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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