spendthrift trust


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.

QUIZZES

CAN YOU FEEL THE WEAL WITH THIS WORD OF THE DAY QUIZ?

Did you collect all of last week’s words, but eftsoons forget what they mean? Don’t worry, we’re here to jog your memory. See how many words from the week of May 18 to 24 you can get right!
Question 1 of 7
weal
Also called sheltering trust.

Words nearby spendthrift trust

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020