totten trust
English Thesaurus
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.possession)
| hypernym | : | trust, |
| definition | : | something (as property) held by one party (the trustee) for the benefit of another (the beneficiary) (noun.possession) |
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