spendthrift trust

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noun Law.

a trust that provides a fund for a beneficiary, as a minor, with the title vested so that the fund or its income cannot be claimed by others, as creditors of the beneficiary.

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Also called sheltering trust.

Words nearby spendthrift trust

spendable, spender, spending money, spends, spendthrift, spendthrift trust, Spener, Spengler, Spenser, Spenserian, Spenserian sonnet