home/glossary/Trust Account

Trust Account

nounverified·updated May 18, 2026

a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime

MWE

Classifications

Entity Type

Unknownauthoritativeglossary_import_default_pending_classifier
?unassignedlast reviewed

Sensitivity

unclassified

Information Class

unclassified

Variants

synonym
savings account trust
plural
Trust Accounts
possessive
Trust Account's
pluralpossessive
Trust Accounts'