Definitions
There is 1 meaning of the phrase
Savings Account Trust.
Savings Account Trust - as a 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
Synonyms (Exact Relations)
savings bank trusttotten trusttrust accounttrustee accountExample Sentences
"She opened a savings account trust to save money for her children's education."
"The elderly couple set up a savings account trust to ensure their financial security during retirement."
"He transferred a significant amount of money into his savings account trust."
"The bank offered attractive interest rates for savings account trust deposits."
"Her grandmother left her a substantial inheritance through a savings account trust."
