savings account trust — An account opened in the name of one person in trust for another; e.g. A in trust for B. See also trust (totten trust) … Black's law dictionary
savings bank trust — noun 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: ↑savings account trust, ↑trust… … Useful english dictionary
Medical savings account (United States) — Health care in the United States Public health care Federal Employees Health Benefits Program Indian Health Service Medicaid Medicare Military Health System / TRICARE State Children s Health Insurance Program (SCHIP) Veterans Health… … Wikipedia
trust account — noun 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: ↑savings account trust, ↑savings … Useful english dictionary
trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… … Law dictionary
trust account — n. 1. TRUST (n. 8c) 2. a savings account in a bank, the balance of which, at the death of the depositor, goes to a predesignated beneficiary … English World dictionary
Coverdell Education Savings Account - ESA — A tax deferred trust account created by the U.S. government to assist families in funding educational expenses for beneficiaries 18 years old or younger. While more than one ESA can be set up for a single beneficiary, the total maximum… … Investment dictionary
Lifetime Individual Savings Account — /ˌlaɪftaɪm ˌɪndɪvɪd uəl seɪvɪŋz əˌkaυnt/ noun a British scheme by which individuals can invest for their retirement by putting a limited amount of money each year in a tax free unit trust account. Abbreviation LISA. ⇒ ISA … Dictionary of banking and finance
account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you … Financial and business terms
account — {{Roman}}I.{{/Roman}} noun 1 description ADJECTIVE ▪ brief, short ▪ blow by blow (informal), comprehensive, detailed, full, graphic ▪ … Collocations dictionary